Beacon Financial Advisory LLC Trims Position in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

Beacon Financial Advisory LLC decreased its position in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 11.9% during the fourth quarter, Holdings Channel reports. The fund owned 110,543 shares of the company’s stock after selling 14,914 shares during the period. First Trust Active Factor Small Cap ETF comprises approximately 1.1% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its 15th biggest position. Beacon Financial Advisory LLC owned approximately 0.32% of First Trust Active Factor Small Cap ETF worth $3,325,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Boyce & Associates Wealth Consulting Inc. boosted its holdings in shares of First Trust Active Factor Small Cap ETF by 60.9% in the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 52,824 shares of the company’s stock worth $1,589,000 after buying an additional 19,997 shares during the last quarter. World Equity Group Inc. bought a new position in First Trust Active Factor Small Cap ETF in the 3rd quarter worth $291,000. Finally, Stratos Wealth Advisors LLC bought a new stake in First Trust Active Factor Small Cap ETF during the third quarter valued at about $401,000.

First Trust Active Factor Small Cap ETF Stock Up 0.6 %

NYSEARCA AFSM opened at $31.04 on Thursday. First Trust Active Factor Small Cap ETF has a 52 week low of $26.81 and a 52 week high of $33.51. The company has a market capitalization of $10.86 million, a P/E ratio of 9.82 and a beta of 1.14. The stock’s 50-day moving average price is $31.03 and its 200-day moving average price is $30.68.

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.