Assetmark Inc. Buys 104,214 Shares of First Trust Active Factor Large Cap ETF $AFLG

Assetmark Inc. increased its stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 33.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 411,708 shares of the company’s stock after purchasing an additional 104,214 shares during the quarter. Assetmark Inc. owned approximately 2.86% of First Trust Active Factor Large Cap ETF worth $15,882,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AFLG. Ignite Planners LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF during the fourth quarter worth $553,000. Prospera Financial Services Inc lifted its stake in shares of First Trust Active Factor Large Cap ETF by 59.5% in the 4th quarter. Prospera Financial Services Inc now owns 381,443 shares of the company’s stock valued at $14,914,000 after acquiring an additional 142,354 shares during the last quarter. MGO One Seven LLC bought a new position in shares of First Trust Active Factor Large Cap ETF in the 4th quarter valued at $3,419,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Active Factor Large Cap ETF by 113,148.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 218,570 shares of the company’s stock valued at $8,546,000 after acquiring an additional 218,377 shares in the last quarter. Finally, Stenger Family Office LLC acquired a new stake in shares of First Trust Active Factor Large Cap ETF during the 1st quarter valued at $16,238,000.

First Trust Active Factor Large Cap ETF Price Performance

Shares of AFLG stock opened at $43.51 on Monday. The firm has a market capitalization of $687.46 million, a P/E ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a twelve month low of $36.23 and a twelve month high of $44.24. The stock’s fifty day simple moving average is $43.36 and its 200 day simple moving average is $41.31.

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.