Kingsview Wealth Management LLC Buys 183,108 Shares of First Trust Active Factor Large Cap ETF $AFLG

Kingsview Wealth Management LLC boosted its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 411.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 227,591 shares of the company’s stock after acquiring an additional 183,108 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Active Factor Large Cap ETF were worth $8,899,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of AFLG. NewEdge Advisors LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF in the first quarter valued at about $993,000. First Trust Advisors LP bought a new position in shares of First Trust Active Factor Large Cap ETF during the second quarter worth about $217,000. Jane Street Group LLC bought a new position in shares of First Trust Active Factor Large Cap ETF during the second quarter worth about $3,627,000. Bank of America Corp DE acquired a new stake in First Trust Active Factor Large Cap ETF in the 2nd quarter valued at approximately $2,946,000. Finally, Benjamin Edwards Inc. raised its position in First Trust Active Factor Large Cap ETF by 21.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 81,490 shares of the company’s stock valued at $2,959,000 after buying an additional 14,170 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

NYSEARCA AFLG opened at $43.86 on Friday. First Trust Active Factor Large Cap ETF has a 52 week low of $34.69 and a 52 week high of $43.91. The stock’s 50 day moving average price is $41.22 and its two-hundred day moving average price is $40.22. The stock has a market capitalization of $631.58 million, a price-to-earnings ratio of 20.95 and a beta of 0.96.

First Trust Active Factor Large Cap ETF Company 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.