9,290 Shares in First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new stake in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the 4th quarter, HoldingsChannel reports. The firm bought 9,290 shares of the company’s stock, valued at approximately $321,000. Maridea Wealth Management LLC owned 0.06% of First Trust Active Factor Large Cap ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Boyce & Associates Wealth Consulting Inc. raised its position in shares of First Trust Active Factor Large Cap ETF by 63.9% during the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 37,449 shares of the company’s stock valued at $1,293,000 after buying an additional 14,603 shares in the last quarter. Park Avenue Securities LLC bought a new position in First Trust Active Factor Large Cap ETF in the fourth quarter valued at $927,000. Janney Montgomery Scott LLC purchased a new stake in First Trust Active Factor Large Cap ETF during the fourth quarter valued at about $837,000. Manchester Financial Inc. lifted its stake in 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, Principal Securities Inc. purchased a new position in shares of First Trust Active Factor Large Cap ETF in the 4th quarter worth about $153,000.

First Trust Active Factor Large Cap ETF Trading Down 1.5 %

Shares of NYSEARCA AFLG opened at $33.41 on Friday. The stock’s 50-day moving average is $34.93 and its 200 day moving average is $34.81. The stock has a market cap of $197.12 million, a price-to-earnings ratio of 20.88 and a beta of 0.99. First Trust Active Factor Large Cap ETF has a 1-year low of $29.11 and a 1-year high of $36.53.

First Trust Active Factor Large Cap ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a $0.0703 dividend. This is a positive change from First Trust Active Factor Large Cap ETF’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, March 27th.

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.