Beacon Financial Advisory LLC Sells 18,812 Shares of First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

Beacon Financial Advisory LLC decreased its holdings in shares of First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 13.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,457 shares of the company’s stock after selling 18,812 shares during the quarter. First Trust Active Factor Small Cap ETF makes up about 1.3% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its 12th biggest holding. Beacon Financial Advisory LLC owned 0.36% of First Trust Active Factor Small Cap ETF worth $3,868,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AFSM. Boyce & Associates Wealth Consulting Inc. lifted its position in First Trust Active Factor Small Cap ETF by 20.4% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 32,827 shares of the company’s stock worth $1,012,000 after buying an additional 5,569 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in First Trust Active Factor Small Cap ETF during the third quarter worth about $401,000. Finally, World Equity Group Inc. bought a new stake in First Trust Active Factor Small Cap ETF during the third quarter worth about $291,000.

First Trust Active Factor Small Cap ETF Stock Up 2.0 %

AFSM stock opened at $30.95 on Wednesday. The company has a market cap of $10.83 million, a price-to-earnings ratio of 9.82 and a beta of 1.14. First Trust Active Factor Small Cap ETF has a twelve month low of $23.08 and a twelve month high of $31.59. The business has a 50 day moving average price of $30.30 and a two-hundred day moving average price of $29.40.

First Trust Active Factor Small Cap ETF Company Profile

The First Trust Active Factor Small Cap ETF (AFSM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed portfolio of US small-cap companies that exhibit exposure to one or more investing factors. AFSM was launched on Dec 3, 2019 and is managed by First Trust.