AFLG Stock Summary and Trading Ideas (First Trust Active Factor Large Cap ETF | ARCA:AFLG)

The First Trust Active Factor Large Cap ETF seeks to provide capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The Fund is actively managed primarily relying on a multi-factor quantitative methodology with active risk management to construct a portfolio of securities exhibiting exposures to one or more investing factors. The multi-factor quantitative methodology currently used by the Fund may take into account the following factors: (i) value; (ii) momentum; (iii) quality; and (iv) low volatility.

First Trust Active Factor Large Cap ETF trades on the ARCA stock market under the symbol AFLG.

As of April 19, 2024, AFLG stock price climbed to $29.35 with 159 million shares trading.

AFLG has a market cap of $4.40 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, AFLG stock traded as high as $30.91 and as low as $21.42.

AFLG has outperformed the market in the last year with a return of +22.7%, while the SPY ETF gained +21.8%. In the last 3 month period, AFLG beat the market returning +7.0%, while SPY returned +4.8%. However, in the most recent 2 weeks AFLG has underperformed the stock market by returning -3.3%, while SPY returned -3.0%.

AFLG support price is $29.06 and resistance is $29.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFLG stock will trade within this expected range on the day.