Farther Finance Advisors LLC Buys 32,197 Shares of First Trust Active Factor Mid Cap ETF $AFMC

Farther Finance Advisors LLC increased its holdings in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 221.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,742 shares of the company’s stock after buying an additional 32,197 shares during the period. Farther Finance Advisors LLC owned 1.61% of First Trust Active Factor Mid Cap ETF worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. raised its position in First Trust Active Factor Mid Cap ETF by 21.2% during the second quarter. Geneos Wealth Management Inc. now owns 4,650 shares of the company’s stock valued at $149,000 after purchasing an additional 813 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of First Trust Active Factor Mid Cap ETF by 11.4% during the 2nd quarter. Osaic Holdings Inc. now owns 21,284 shares of the company’s stock worth $684,000 after buying an additional 2,170 shares in the last quarter. Brookwood Investment Group LLC lifted its position in shares of First Trust Active Factor Mid Cap ETF by 66.5% during the 3rd quarter. Brookwood Investment Group LLC now owns 66,786 shares of the company’s stock worth $2,291,000 after buying an additional 26,667 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of First Trust Active Factor Mid Cap ETF by 12.2% during the 3rd quarter. Arkadios Wealth Advisors now owns 11,349 shares of the company’s stock worth $389,000 after buying an additional 1,235 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. acquired a new stake in First Trust Active Factor Mid Cap ETF in the third quarter valued at about $653,000.

First Trust Active Factor Mid Cap ETF Stock Performance

Shares of NYSEARCA:AFMC opened at $38.54 on Tuesday. First Trust Active Factor Mid Cap ETF has a 52-week low of $27.94 and a 52-week high of $38.62. The company has a market capitalization of $150.31 million, a PE ratio of 13.94 and a beta of 1.03. The company has a fifty day moving average of $36.63 and a 200-day moving average of $35.40.

First Trust Active Factor Mid Cap ETF Company Profile

The First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation. AFMC was launched on Dec 3, 2019 and is managed by First Trust.