World Equity Group Inc. Purchases Shares of 9,445 First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

World Equity Group Inc. purchased a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,445 shares of the company’s stock, valued at approximately $291,000. World Equity Group Inc. owned approximately 2.70% of First Trust Active Factor Small Cap ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Boyce & Associates Wealth Consulting Inc. increased its stake in First Trust Active Factor Small Cap ETF by 20.4% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 32,827 shares of the company’s stock valued at $1,012,000 after buying an additional 5,569 shares during the last quarter. Stratos Wealth Advisors LLC acquired a new stake in shares of First Trust Active Factor Small Cap ETF in the third quarter valued at about $401,000. Finally, Beacon Financial Advisory LLC acquired a new stake in shares of First Trust Active Factor Small Cap ETF in the second quarter valued at about $4,082,000.

First Trust Active Factor Small Cap ETF Stock Up 0.3 %

NYSEARCA:AFSM opened at $30.34 on Tuesday. The firm has a market capitalization of $10.62 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 stock’s 50 day moving average price is $30.29 and its two-hundred day moving average price is $29.38.

First Trust Active Factor Small Cap ETF 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.