First Trust Active Factor Small Cap ETF $AFSM Shares Bought by Cwm LLC

Cwm LLC increased its stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 51.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,854 shares of the company’s stock after acquiring an additional 53,046 shares during the period. Cwm LLC owned approximately 10.46% of First Trust Active Factor Small Cap ETF worth $5,130,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IFG Advisory LLC bought a new position in First Trust Active Factor Small Cap ETF during the 2nd quarter valued at $1,748,000. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Active Factor Small Cap ETF by 14.2% in the second quarter. Envestnet Asset Management Inc. now owns 284,096 shares of the company’s stock valued at $8,488,000 after buying an additional 35,316 shares during the period. Truist Financial Corp boosted its stake in First Trust Active Factor Small Cap ETF by 13.9% during the second quarter. Truist Financial Corp now owns 276,682 shares of the company’s stock valued at $8,267,000 after buying an additional 33,714 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in First Trust Active Factor Small Cap ETF during the first quarter worth about $164,000. Finally, Federation des caisses Desjardins du Quebec grew its holdings in First Trust Active Factor Small Cap ETF by 4.4% during the first quarter. Federation des caisses Desjardins du Quebec now owns 117,177 shares of the company’s stock worth $3,275,000 after acquiring an additional 4,990 shares during the period.

First Trust Active Factor Small Cap ETF Trading Down 1.1%

Shares of NYSEARCA AFSM opened at $32.88 on Thursday. First Trust Active Factor Small Cap ETF has a twelve month low of $24.42 and a twelve month high of $34.10. The firm has a 50-day moving average of $32.69 and a two-hundred day moving average of $31.79. The company has a market capitalization of $46.03 million, a price-to-earnings ratio of 13.11 and a beta of 1.04.

First Trust Active Factor Small Cap ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a dividend of $0.0622 per share. This is a boost from First Trust Active Factor Small Cap ETF’s previous quarterly dividend of $0.02. This represents a $0.25 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, December 12th.

About First Trust Active Factor Small Cap ETF

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.