Truist Financial Corp Takes $6.61 Million Position in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

Truist Financial Corp acquired a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 219,786 shares of the company’s stock, valued at approximately $6,611,000. Truist Financial Corp owned approximately 62.80% of First Trust Active Factor Small Cap ETF as of its most recent filing with the SEC.

Separately, World Equity Group Inc. purchased a new stake in First Trust Active Factor Small Cap ETF during the 3rd quarter valued at $291,000.

First Trust Active Factor Small Cap ETF Stock Down 3.0 %

Shares of AFSM opened at $29.19 on Friday. First Trust Active Factor Small Cap ETF has a twelve month low of $26.99 and a twelve month high of $33.51. The stock has a market capitalization of $10.22 million, a P/E ratio of 9.82 and a beta of 1.14. The firm has a fifty day simple moving average of $30.54 and a two-hundred day simple moving average of $30.71.

First Trust Active Factor Small Cap ETF Company Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.