First Trust Active Factor Mid Cap ETF $AFMC Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 180.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 335,793 shares of the company’s stock after purchasing an additional 216,204 shares during the quarter. Kestra Advisory Services LLC owned 5.69% of First Trust Active Factor Mid Cap ETF worth $13,301,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. PCG Wealth Advisors LLC acquired a new stake in First Trust Active Factor Mid Cap ETF in the second quarter valued at approximately $210,000. Wedbush Securities Inc. acquired a new position in shares of First Trust Active Factor Mid Cap ETF during the 3rd quarter worth approximately $233,000. OxenFree Capital LLC raised its stake in shares of First Trust Active Factor Mid Cap ETF by 4.4% during the 3rd quarter. OxenFree Capital LLC now owns 6,949 shares of the company’s stock worth $283,000 after buying an additional 296 shares during the period. World Equity Group Inc. raised its stake in shares of First Trust Active Factor Mid Cap ETF by 7.2% during the 2nd quarter. World Equity Group Inc. now owns 8,741 shares of the company’s stock worth $358,000 after buying an additional 586 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in shares of First Trust Active Factor Mid Cap ETF during the 1st quarter valued at approximately $410,000.

First Trust Active Factor Mid Cap ETF Price Performance

Shares of NYSEARCA:AFMC opened at $39.21 on Monday. The business’s 50 day moving average price is $40.39 and its 200-day moving average price is $39.12. First Trust Active Factor Mid Cap ETF has a 1 year low of $32.43 and a 1 year high of $42.13. The firm has a market capitalization of $239.18 million, a price-to-earnings ratio of 13.94 and a beta of 1.02.

First Trust Active Factor Mid Cap ETF Company 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.