Prosperity Financial Group Inc. Has $751,000 Position in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC)

Prosperity Financial Group Inc. grew its stake in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 7.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 23,792 shares of the company’s stock after buying an additional 1,662 shares during the period. Prosperity Financial Group Inc. owned approximately 9.52% of First Trust Active Factor Mid Cap ETF worth $751,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in AFMC. World Equity Group Inc. raised its position in First Trust Active Factor Mid Cap ETF by 183.3% in the fourth quarter. World Equity Group Inc. now owns 24,058 shares of the company’s stock worth $760,000 after purchasing an additional 15,567 shares in the last quarter. EWG Elevate Inc. acquired a new position in First Trust Active Factor Mid Cap ETF in the fourth quarter worth about $683,000. Finally, Steward Partners Investment Advisory LLC raised its position in First Trust Active Factor Mid Cap ETF by 42.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,482 shares of the company’s stock worth $78,000 after purchasing an additional 736 shares in the last quarter.

First Trust Active Factor Mid Cap ETF Stock Down 0.7 %

NYSEARCA:AFMC opened at $30.18 on Wednesday. The firm has a market capitalization of $40.74 million, a PE ratio of 14.71 and a beta of 1.12. The firm has a 50-day moving average price of $32.22 and a 200 day moving average price of $32.35. First Trust Active Factor Mid Cap ETF has a 12-month low of $27.93 and a 12-month high of $35.09.

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.