First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Short Interest Down 32.8% in July

First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 67,269 shares, a decline of 32.8% from the June 30th total of 100,067 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 78,694 shares, the short-interest ratio is presently 0.9 days.

First Trust Active Factor Large Cap ETF Trading Up 0.5%

NYSEARCA AFLG opened at $43.99 on Friday. The business’s 50-day moving average price is $43.46 and its two-hundred day moving average price is $41.58. The firm has a market capitalization of $714.84 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.

Institutional Investors Weigh In On First Trust Active Factor Large Cap ETF

Several large investors have recently added to or reduced their stakes in the business. World Equity Group Inc. grew its holdings in First Trust Active Factor Large Cap ETF by 4.9% in the second quarter. World Equity Group Inc. now owns 14,114 shares of the company’s stock worth $613,000 after purchasing an additional 663 shares during the period. First Heartland Consultants Inc. purchased a new position in shares of First Trust Active Factor Large Cap ETF during the second quarter valued at approximately $267,000. Western Wealth Management LLC purchased a new position in First Trust Active Factor Large Cap ETF during the 1st quarter worth $205,000. Arkadios Wealth Advisors boosted its holdings in First Trust Active Factor Large Cap ETF by 6.4% during the first quarter. Arkadios Wealth Advisors now owns 33,618 shares of the company’s stock worth $1,297,000 after purchasing an additional 2,010 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of First Trust Active Factor Large Cap ETF by 192.5% in the 1st quarter. Royal Bank of Canada now owns 699 shares of the company’s stock worth $27,000 after buying an additional 460 shares during the last quarter.

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.