Concurrent Investment Advisors LLC Makes New $240,000 Investment in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG)

Concurrent Investment Advisors LLC acquired a new stake in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 6,943 shares of the company’s stock, valued at approximately $240,000. Concurrent Investment Advisors LLC owned approximately 4.63% of First Trust Active Factor Large Cap ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AFLG. Atria Wealth Solutions Inc. acquired a new position in shares of First Trust Active Factor Large Cap ETF in the 4th quarter worth approximately $859,000. Sanctuary Advisors LLC bought a new position in First Trust Active Factor Large Cap ETF in the 4th quarter valued at $560,000. Principal Securities Inc. acquired a new position in First Trust Active Factor Large Cap ETF in the fourth quarter worth $153,000. Manchester Financial Inc. grew its holdings in shares of First Trust Active Factor Large Cap ETF by 323.9% during the fourth quarter. Manchester Financial Inc. now owns 86,888 shares of the company’s stock worth $3,000,000 after purchasing an additional 66,390 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of First Trust Active Factor Large Cap ETF in the fourth quarter valued at $837,000.

First Trust Active Factor Large Cap ETF Stock Down 0.0 %

Shares of NYSEARCA AFLG opened at $35.37 on Wednesday. First Trust Active Factor Large Cap ETF has a 12-month low of $29.11 and a 12-month high of $36.53. The firm’s 50-day simple moving average is $35.31 and its 200 day simple moving average is $34.59. The company has a market cap of $5.31 million, a price-to-earnings ratio of 18.40 and a beta of 0.95.

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.