Manchester Financial Inc. Reduces Stock Position in First Trust Active Factor Large Cap ETF $AFLG

Manchester Financial Inc. cut its holdings in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 94.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,072 shares of the company’s stock after selling 240,453 shares during the period. Manchester Financial Inc. owned 0.09% of First Trust Active Factor Large Cap ETF worth $504,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC lifted its position in shares of First Trust Active Factor Large Cap ETF by 63.4% during the first quarter. Janney Montgomery Scott LLC now owns 102,855 shares of the company’s stock worth $3,968,000 after acquiring an additional 39,893 shares in the last quarter. Maridea Wealth Management LLC boosted its holdings in shares of First Trust Active Factor Large Cap ETF by 7.5% in the first quarter. Maridea Wealth Management LLC now owns 106,762 shares of the company’s stock worth $4,118,000 after acquiring an additional 7,428 shares during the period. Silver Oak Securities Incorporated grew its position in shares of First Trust Active Factor Large Cap ETF by 72.4% in the first quarter. Silver Oak Securities Incorporated now owns 7,551 shares of the company’s stock valued at $291,000 after purchasing an additional 3,171 shares in the last quarter. RFG Advisory LLC grew its position in shares of First Trust Active Factor Large Cap ETF by 33.8% in the first quarter. RFG Advisory LLC now owns 55,735 shares of the company’s stock valued at $2,150,000 after purchasing an additional 14,082 shares in the last quarter. Finally, Crusonia Wealth Advisors LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF during the 4th quarter valued at $283,000.

First Trust Active Factor Large Cap ETF Stock Performance

Shares of AFLG opened at $43.42 on Wednesday. The stock’s 50-day simple moving average is $43.03 and its 200 day simple moving average is $40.93. The stock has a market capitalization of $625.25 million, a price-to-earnings ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 52-week low of $35.95 and a 52-week 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.