First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) Shares Acquired by Smith Moore & CO.

Smith Moore & CO. increased its stake in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 23.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 15,076 shares of the company’s stock after acquiring an additional 2,870 shares during the period. Smith Moore & CO. owned approximately 6.03% of First Trust Active Factor Mid Cap ETF worth $476,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AFMC. EWG Elevate Inc. purchased a new stake in shares of First Trust Active Factor Mid Cap ETF during the fourth quarter worth about $683,000. World Equity Group Inc. increased its stake in shares of First Trust Active Factor Mid Cap ETF by 183.3% in the fourth quarter. World Equity Group Inc. now owns 24,058 shares of the company’s stock worth $760,000 after buying an additional 15,567 shares during the last quarter. Moors & Cabot Inc. acquired a new stake in First Trust Active Factor Mid Cap ETF in the fourth quarter valued at $396,000. Prosperity Financial Group Inc. raised its holdings in First Trust Active Factor Mid Cap ETF by 7.5% in the fourth quarter. Prosperity Financial Group Inc. now owns 23,792 shares of the company’s stock valued at $751,000 after acquiring an additional 1,662 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in First Trust Active Factor Mid Cap ETF by 268.0% during the 4th quarter. Harbour Investments Inc. now owns 1,553 shares of the company’s stock valued at $49,000 after acquiring an additional 1,131 shares during the last quarter.

First Trust Active Factor Mid Cap ETF Stock Performance

AFMC opened at $27.89 on Friday. The company has a market capitalization of $37.65 million, a P/E ratio of 15.53 and a beta of 1.04. The company has a 50-day moving average of $31.48 and a 200-day moving average of $32.28. First Trust Active Factor Mid Cap ETF has a 1-year low of $27.79 and a 1-year high of $35.09.

First Trust Active Factor Mid Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.0763 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

First Trust Active Factor Mid Cap ETF Profile

The First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation. AFMC was launched on Dec 3, 2019 and is managed by First Trust.