Independent Financial Group LLC Buys Shares of 41,540 First Trust Active Factor Large Cap ETF $AFLG

Independent Financial Group LLC bought a new position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 41,540 shares of the company’s stock, valued at approximately $1,602,000. Independent Financial Group LLC owned 0.29% of First Trust Active Factor Large Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of AFLG. LPL Financial LLC boosted its holdings in shares of First Trust Active Factor Large Cap ETF by 14.6% in the 4th quarter. LPL Financial LLC now owns 2,371,161 shares of the company’s stock valued at $92,712,000 after buying an additional 302,006 shares during the period. Arax Advisory Partners bought a new position in First Trust Active Factor Large Cap ETF in the fourth quarter worth about $20,422,000. Stenger Family Office LLC bought a new position in First Trust Active Factor Large Cap ETF in the first quarter worth about $16,238,000. Prospera Financial Services Inc boosted its stake in First Trust Active Factor Large Cap ETF by 59.5% in the fourth quarter. Prospera Financial Services Inc now owns 381,443 shares of the company’s stock valued at $14,914,000 after acquiring an additional 142,354 shares during the period. Finally, Assetmark Inc. boosted its stake in First Trust Active Factor Large Cap ETF by 4.3% in the fourth quarter. Assetmark Inc. now owns 307,494 shares of the company’s stock valued at $12,023,000 after acquiring an additional 12,768 shares during the period.

First Trust Active Factor Large Cap ETF Stock Performance

NYSEARCA:AFLG opened at $43.51 on Monday. The stock has a 50 day moving average of $43.36 and a 200-day moving average of $41.31. The firm has a market capitalization of $687.46 million, a PE ratio of 20.95 and a beta of 0.95. First Trust Active Factor Large Cap ETF has a 52 week low of $36.23 and a 52 week 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.