Northwestern Mutual Wealth Management Co. Raises Stake in First Trust Active Factor Large Cap ETF $AFLG

Northwestern Mutual Wealth Management Co. raised its position in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) by 113,148.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 218,570 shares of the company’s stock after acquiring an additional 218,377 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 1.82% of First Trust Active Factor Large Cap ETF worth $8,546,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Smith Moore & CO. lifted its stake in First Trust Active Factor Large Cap ETF by 0.8% in the fourth quarter. Smith Moore & CO. now owns 33,198 shares of the company’s stock worth $1,298,000 after acquiring an additional 256 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in First Trust Active Factor Large Cap ETF by 60.2% in the fourth quarter. Cullen Frost Bankers Inc. now owns 934 shares of the company’s stock worth $37,000 after acquiring an additional 351 shares during the last quarter. ABLE Financial Group LLC lifted its stake in First Trust Active Factor Large Cap ETF by 7.0% in the fourth quarter. ABLE Financial Group LLC now owns 5,586 shares of the company’s stock worth $218,000 after acquiring an additional 367 shares during the last quarter. Mutual Advisors LLC lifted its stake in First Trust Active Factor Large Cap ETF by 5.5% in the fourth quarter. Mutual Advisors LLC now owns 8,744 shares of the company’s stock worth $342,000 after acquiring an additional 454 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in First Trust Active Factor Large Cap ETF by 5.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,911 shares of the company’s stock worth $505,000 after acquiring an additional 619 shares during the last quarter.

First Trust Active Factor Large Cap ETF Stock Up 0.2%

Shares of First Trust Active Factor Large Cap ETF stock opened at $44.12 on Wednesday. First Trust Active Factor Large Cap ETF has a 52-week low of $35.06 and a 52-week high of $44.24. The company has a 50 day moving average of $41.42 and a 200 day moving average of $40.29. The company has a market capitalization of $635.33 million, a P/E ratio of 20.95 and a beta of 0.96.

First Trust Active Factor Large Cap ETF Company Profile

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.