Envestnet Asset Management Inc. Grows Stock Holdings in First Trust Active Factor Small Cap ETF $AFSM

Envestnet Asset Management Inc. boosted its holdings in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 14.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 284,096 shares of the company’s stock after buying an additional 35,316 shares during the period. Envestnet Asset Management Inc. owned 21.85% of First Trust Active Factor Small Cap ETF worth $8,488,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Truist Financial Corp lifted its position in shares of First Trust Active Factor Small Cap ETF by 13.9% in the second quarter. Truist Financial Corp now owns 276,682 shares of the company’s stock valued at $8,267,000 after acquiring an additional 33,714 shares in the last quarter. Federation des caisses Desjardins du Quebec raised its stake in First Trust Active Factor Small Cap ETF by 4.4% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 117,177 shares of the company’s stock valued at $3,275,000 after purchasing an additional 4,990 shares during the period. CWM LLC bought a new stake in First Trust Active Factor Small Cap ETF during the 2nd quarter valued at approximately $3,102,000. Cetera Investment Advisers lifted its holdings in First Trust Active Factor Small Cap ETF by 6.2% in the 1st quarter. Cetera Investment Advisers now owns 60,079 shares of the company’s stock worth $1,679,000 after purchasing an additional 3,505 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its stake in First Trust Active Factor Small Cap ETF by 101.2% in the 1st quarter. Moors & Cabot Inc. now owns 13,923 shares of the company’s stock worth $389,000 after purchasing an additional 7,004 shares during the period.

First Trust Active Factor Small Cap ETF Price Performance

Shares of AFSM opened at $32.41 on Tuesday. The firm has a market cap of $45.37 million, a P/E ratio of 13.11 and a beta of 1.04. First Trust Active Factor Small Cap ETF has a 1 year low of $24.42 and a 1 year high of $33.52. The company has a 50 day simple moving average of $32.45 and a two-hundred day simple moving average of $30.77.

First Trust Active Factor Small Cap ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.0198 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, September 25th.

First Trust Active Factor Small Cap ETF Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.