Sigma Planning Corp Trims Stock Holdings in First Trust Active Factor Large Cap ETF $AFLG

Sigma Planning Corp decreased its holdings in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 37.2% during the first quarter, HoldingsChannel reports. The fund owned 73,859 shares of the company’s stock after selling 43,766 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Active Factor Large Cap ETF were worth $2,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in AFLG. Arax Advisory Partners bought a new position in shares of First Trust Active Factor Large Cap ETF in the fourth quarter worth $20,422,000. Stenger Family Office LLC purchased a new stake in First Trust Active Factor Large Cap ETF during the 1st quarter worth about $16,238,000. LPL Financial LLC lifted its holdings in First Trust Active Factor Large Cap ETF by 14.6% during the 4th quarter. LPL Financial LLC now owns 2,371,161 shares of the company’s stock worth $92,712,000 after purchasing an additional 302,006 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Active Factor Large Cap ETF by 113,148.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 218,570 shares of the company’s stock worth $8,546,000 after purchasing an additional 218,377 shares during the period. Finally, Kingsview Wealth Management LLC boosted its stake in First Trust Active Factor Large Cap ETF by 411.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 227,591 shares of the company’s stock worth $8,899,000 after purchasing an additional 183,108 shares during the period.

First Trust Active Factor Large Cap ETF Stock Down 0.2%

AFLG stock opened at $43.75 on Friday. The stock has a 50-day simple moving average of $43.36 and a two-hundred day simple moving average of $41.28. First Trust Active Factor Large Cap ETF has a twelve month low of $36.23 and a twelve month high of $44.24. The firm has a market capitalization of $689.06 million, a PE ratio of 20.95 and a beta of 0.95.

About First Trust Active Factor Large Cap ETF

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.