EWG Elevate Inc. Takes Position in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC)

EWG Elevate Inc. bought a new position in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,633 shares of the company’s stock, valued at approximately $683,000. EWG Elevate Inc. owned 8.65% of First Trust Active Factor Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, World Equity Group Inc. acquired a new stake in shares of First Trust Active Factor Mid Cap ETF in the third quarter valued at about $273,000.

First Trust Active Factor Mid Cap ETF Trading Down 1.5 %

Shares of NYSEARCA AFMC opened at $31.47 on Monday. The stock has a market cap of $7.87 million, a price-to-earnings ratio of 12.91 and a beta of 1.12. The company’s 50-day moving average price is $33.08 and its 200 day moving average price is $31.70. First Trust Active Factor Mid Cap ETF has a 52 week low of $26.09 and a 52 week 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.