Citadel Advisors LLC Buys New Stake in First Trust Active Factor Large Cap ETF $AFLG

Citadel Advisors LLC purchased a new position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 44,186 shares of the company’s stock, valued at approximately $1,919,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC boosted its holdings in First Trust Active Factor Large Cap ETF by 48.7% during the second quarter. Tucker Asset Management LLC now owns 7,983 shares of the company’s stock valued at $347,000 after purchasing an additional 2,616 shares in the last quarter. Kirkwood Financial Services acquired a new position in First Trust Active Factor Large Cap ETF in the second quarter valued at about $12,982,000. Asset Allocation Strategies LLC grew its stake in First Trust Active Factor Large Cap ETF by 91.4% during the second quarter. Asset Allocation Strategies LLC now owns 20,066 shares of the company’s stock worth $871,000 after buying an additional 9,584 shares during the last quarter. NI Acquisitions Company LLC bought a new stake in First Trust Active Factor Large Cap ETF during the second quarter worth about $4,819,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of First Trust Active Factor Large Cap ETF by 0.5% in the second quarter. Concurrent Investment Advisors LLC now owns 91,423 shares of the company’s stock valued at $3,970,000 after acquiring an additional 428 shares during the last quarter.

First Trust Active Factor Large Cap ETF Price Performance

Shares of AFLG opened at $44.74 on Wednesday. The company has a market capitalization of $727.02 million, a P/E ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a one year low of $37.40 and a one year high of $45.42. The business’s 50 day simple moving average is $44.29 and its 200-day simple moving average is $42.48.

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.