First Trust Active Factor Mid Cap ETF Price & Performance (AFMC)

First Trust has launched the Small Cap BuyWrite Income ETF (FTKI), combining small-cap equity exposure with an options strategy. The fund aims to generate income through dividends and option premiums, targeting income-focused investors. While it offers monthly income potential, its derivative-based strategy may limit upside in rising markets.1

The First Trust Active Factor Mid Cap ETF (AFMC) shows resistance at $31.64, signaling potential short or buy opportunities. Traders are advised to short near resistance or buy if it breaks higher. Day and swing trading plans suggest tight stop losses to mitigate risks around this critical price point.2

U.S. equity markets have entered correction territory, driven by fears of an impending recession. Investor sentiment has soured following recent tariff announcements and economic uncertainties. Analysts suggest that further declines may occur as economic indicators continue to point toward a slowdown.34