Concurrent Investment Advisors LLC Grows Holdings in First Trust Active Factor Large Cap ETF $AFLG

Concurrent Investment Advisors LLC lifted its holdings in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 138.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,328 shares of the company’s stock after buying an additional 50,703 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.71% of First Trust Active Factor Large Cap ETF worth $3,414,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC purchased a new stake in First Trust Active Factor Large Cap ETF during the 1st quarter valued at about $993,000. First Trust Advisors LP purchased a new stake in First Trust Active Factor Large Cap ETF during the 2nd quarter valued at about $217,000. Jane Street Group LLC purchased a new stake in First Trust Active Factor Large Cap ETF during the 2nd quarter valued at about $3,627,000. Bank of America Corp DE purchased a new stake in First Trust Active Factor Large Cap ETF during the 2nd quarter valued at about $2,946,000. Finally, Benjamin Edwards Inc. grew its position in First Trust Active Factor Large Cap ETF by 21.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 81,490 shares of the company’s stock valued at $2,959,000 after purchasing an additional 14,170 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG stock opened at $42.05 on Tuesday. First Trust Active Factor Large Cap ETF has a one year low of $32.54 and a one year high of $42.09. The company’s 50-day moving average is $39.96 and its 200 day moving average is $39.60. The company has a market capitalization of $601.32 million, a price-to-earnings ratio of 20.95 and a beta of 0.96.

First Trust Active Factor Large Cap ETF Profile

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