Smith Moore & CO. Makes New $243,000 Investment in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM)

Smith Moore & CO. bought a new stake in First Trust Active Factor Small Cap ETF (NYSEARCA:AFSM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,075 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp purchased a new stake in First Trust Active Factor Small Cap ETF in the 4th quarter worth about $6,611,000. Boyce & Associates Wealth Consulting Inc. increased its stake 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 purchasing an additional 19,997 shares in the last quarter. World Equity Group Inc. raised its position in shares of First Trust Active Factor Small Cap ETF by 177.7% in the fourth quarter. World Equity Group Inc. now owns 26,229 shares of the company’s stock valued at $789,000 after purchasing an additional 16,784 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in shares of First Trust Active Factor Small Cap ETF by 11.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 18,227 shares of the company’s stock valued at $548,000 after buying an additional 1,932 shares in the last quarter. Finally, Avantax Advisory Services Inc. bought a new position in First Trust Active Factor Small Cap ETF in the 4th quarter worth approximately $489,000.

First Trust Active Factor Small Cap ETF Trading Down 4.1 %

First Trust Active Factor Small Cap ETF stock opened at $25.53 on Friday. The firm has a 50 day simple moving average of $29.04 and a 200 day simple moving average of $30.40. First Trust Active Factor Small Cap ETF has a 1-year low of $25.17 and a 1-year high of $33.51. The firm has a market capitalization of $29.36 million, a price-to-earnings ratio of 14.37 and a beta of 1.05.

First Trust Active Factor Small Cap ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.0531 dividend. The ex-dividend date was Thursday, March 27th.

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.