Stenger Family Office LLC Invests $16.24 Million in First Trust Active Factor Large Cap ETF $AFLG

Stenger Family Office LLC purchased a new position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 420,939 shares of the company’s stock, valued at approximately $16,238,000. First Trust Active Factor Large Cap ETF makes up about 2.9% of Stenger Family Office LLC’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Arax Advisory Partners acquired a new position in First Trust Active Factor Large Cap ETF in the fourth quarter worth $20,422,000. LPL Financial LLC raised its holdings in shares of First Trust Active Factor Large Cap ETF by 14.6% during the fourth 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 during the period. Menora Mivtachim Holdings LTD. acquired a new stake in shares of First Trust Active Factor Large Cap ETF during the third quarter worth $9,960,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of 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 buying an additional 218,377 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of 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 buying an additional 183,108 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Performance

NYSEARCA AFLG opened at $43.29 on Thursday. First Trust Active Factor Large Cap ETF has a one year low of $35.95 and a one year high of $44.24. The company has a 50-day simple moving average of $43.20 and a 200-day simple moving average of $41.10. The firm has a market capitalization of $677.49 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.