Financial Gravity Asset Management Inc. Sells 15,087 Shares of First Trust Active Factor Large Cap ETF $AFLG

Financial Gravity Asset Management Inc. lowered its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 86.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,447 shares of the company’s stock after selling 15,087 shares during the period. Financial Gravity Asset Management Inc.’s holdings in First Trust Active Factor Large Cap ETF were worth $96,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Arax Advisory Partners bought a new position in First Trust Active Factor Large Cap ETF during the 4th quarter worth about $20,422,000. Smartleaf Asset Management LLC increased its holdings in First Trust Active Factor Large Cap ETF by 205.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 989 shares of the company’s stock worth $39,000 after purchasing an additional 665 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in First Trust Active Factor Large Cap ETF by 5.2% during the 4th quarter. Arkadios Wealth Advisors now owns 31,608 shares of the company’s stock worth $1,236,000 after purchasing an additional 1,556 shares in the last quarter. First Trust Advisors LP increased its holdings in First Trust Active Factor Large Cap ETF by 68.7% during the 4th quarter. First Trust Advisors LP now owns 9,731 shares of the company’s stock worth $380,000 after purchasing an additional 3,963 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in First Trust Active Factor Large Cap ETF by 1.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 31,006 shares of the company’s stock worth $1,212,000 after purchasing an additional 576 shares in the last quarter.

First Trust Active Factor Large Cap ETF Trading Up 0.7%

AFLG stock opened at $43.45 on Friday. The stock has a 50-day moving average price of $42.32 and a two-hundred day moving average price of $40.59. The stock has a market cap of $625.68 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 1 year low of $35.06 and a 1 year high of $44.24.

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.