World Equity Group Inc. Boosts Position in First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC)

World Equity Group Inc. grew its holdings in shares of First Trust Active Factor Mid Cap ETF (NYSEARCA:AFMC) by 183.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,058 shares of the company’s stock after buying an additional 15,567 shares during the period. World Equity Group Inc. owned 9.62% of First Trust Active Factor Mid Cap ETF worth $760,000 as of its most recent SEC filing.

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

First Trust Active Factor Mid Cap ETF Stock Performance

AFMC opened at $31.61 on Monday. First Trust Active Factor Mid Cap ETF has a 52-week low of $27.68 and a 52-week high of $35.09. The stock has a market capitalization of $7.90 million, a PE ratio of 12.91 and a beta of 1.12. The stock’s 50 day moving average price is $32.44 and its 200-day moving average price is $32.29.

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.