Beacon Financial Advisory LLC Has $3.33 Million Stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

Beacon Financial Advisory LLC reduced its holdings in shares of First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) by 11.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,543 shares of the company’s stock after selling 14,914 shares during the period. First Trust Active Factor Small Cap ETF accounts for approximately 1.1% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its 15th biggest holding. Beacon Financial Advisory LLC owned approximately 31.58% of First Trust Active Factor Small Cap ETF worth $3,325,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Boyce & Associates Wealth Consulting Inc. increased its holdings in 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 purchasing an additional 19,997 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in shares of First Trust Active Factor Small Cap ETF in the 3rd quarter valued at $401,000. Finally, World Equity Group Inc. acquired a new position in shares of First Trust Active Factor Small Cap ETF during the 3rd quarter valued at $291,000.

First Trust Active Factor Small Cap ETF Stock Up 0.6 %

Shares of NYSEARCA AFSM opened at $31.04 on Thursday. First Trust Active Factor Small Cap ETF has a 12-month low of $26.81 and a 12-month high of $33.51. The firm has a market cap of $10.86 million, a PE ratio of 9.82 and a beta of 1.14. The company’s fifty day simple moving average is $31.03 and its 200 day simple moving average is $30.68.

About First Trust Active Factor Small Cap ETF

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.