Cetera Investment Advisers Has $14.86 Million Position in First Trust Active Factor Large Cap ETF $AFLG

Cetera Investment Advisers increased its position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 28.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 385,153 shares of the company’s stock after buying an additional 85,324 shares during the quarter. Cetera Investment Advisers owned 2.67% of First Trust Active Factor Large Cap ETF worth $14,857,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AFLG. NewEdge Advisors LLC bought a new stake in First Trust Active Factor Large Cap ETF in the 1st quarter valued at approximately $993,000. First Trust Advisors LP bought a new position in shares of First Trust Active Factor Large Cap ETF during the 2nd quarter worth approximately $217,000. Jane Street Group LLC bought a new position in shares of First Trust Active Factor Large Cap ETF during the 2nd quarter worth approximately $3,627,000. Bank of America Corp DE acquired a new stake in shares of First Trust Active Factor Large Cap ETF in the second quarter valued at approximately $2,946,000. Finally, Benjamin Edwards Inc. raised its holdings in shares of First Trust Active Factor Large Cap ETF by 21.0% in the second quarter. Benjamin Edwards Inc. now owns 81,490 shares of the company’s stock valued at $2,959,000 after purchasing an additional 14,170 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Up 0.6%

Shares of AFLG stock opened at $43.76 on Wednesday. The company’s fifty day simple moving average is $43.44 and its 200-day simple moving average is $41.51. The firm has a market cap of $697.97 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 12 month low of $36.23 and a 12 month high of $44.24.

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.