Bank of New York Mellon Corp Acquires Shares of 60,562 First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG)

Bank of New York Mellon Corp purchased a new position in shares of First Trust Active Factor Large Cap ETF (NYSEARCA:AFLG) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 60,562 shares of the company’s stock, valued at approximately $2,091,000. Bank of New York Mellon Corp owned approximately 0.40% of First Trust Active Factor Large Cap ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Manchester Financial Inc. raised its position in shares of First Trust Active Factor Large Cap ETF by 323.9% during the 4th quarter. Manchester Financial Inc. now owns 86,888 shares of the company’s stock valued at $3,000,000 after acquiring an additional 66,390 shares during the last quarter. Park Avenue Securities LLC bought a new stake in First Trust Active Factor Large Cap ETF in the fourth quarter valued at about $927,000. Atria Wealth Solutions Inc. acquired a new position in First Trust Active Factor Large Cap ETF in the fourth quarter valued at about $859,000. Janney Montgomery Scott LLC bought a new position in First Trust Active Factor Large Cap ETF during the fourth quarter worth about $837,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of First Trust Active Factor Large Cap ETF during the 4th quarter worth about $560,000.

First Trust Active Factor Large Cap ETF Price Performance

Shares of NYSEARCA:AFLG opened at $33.73 on Friday. The firm’s 50 day simple moving average is $35.02 and its 200 day simple moving average is $34.74. First Trust Active Factor Large Cap ETF has a fifty-two week low of $29.11 and a fifty-two week high of $36.53. The company has a market capitalization of $199.01 million, a price-to-earnings ratio of 20.88 and a beta of 0.99.

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.