World Equity Group Inc. Purchases 15,567 Shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC)

World Equity Group Inc. raised its position in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 183.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,058 shares of the company’s stock after purchasing an additional 15,567 shares during the period. World Equity Group Inc. owned about 0.10% of First Trust Active Factor Mid Cap ETF worth $760,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, EWG Elevate Inc. purchased a new position in shares of First Trust Active Factor Mid Cap ETF in the 4th quarter valued at $683,000.

First Trust Active Factor Mid Cap ETF Trading Down 2.7 %

Shares of NYSEARCA:AFMC opened at $31.61 on Monday. First Trust Active Factor Mid Cap ETF has a 12-month low of $27.68 and a 12-month high of $35.09. The business’s fifty day simple moving average is $32.44 and its 200-day simple moving average is $32.29. The company has a market capitalization of $7.90 million, a PE ratio of 12.91 and a beta of 1.12.

First Trust Active Factor Mid Cap ETF Profile

The First Trust Active Factor Mid Cap ETF (AFMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed portfolio of factor-focused US mid-cap companies seeking capital appreciation. AFMC was launched on Dec 3, 2019 and is managed by First Trust.