First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Shares Sold by Lunt Capital Management Inc.

Lunt Capital Management Inc. lessened its position in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 288,999 shares of the company’s stock after selling 7,152 shares during the period. First Trust Lunt U.S. Factor Rotation ETF comprises 4.2% of Lunt Capital Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Lunt Capital Management Inc. owned about 5.25% of First Trust Lunt U.S. Factor Rotation ETF worth $8,031,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 2nd quarter valued at $25,000. JPMorgan Chase & Co. purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 4th quarter valued at $43,000. Citadel Advisors LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 2nd quarter valued at $216,000. CWM LLC raised its position in First Trust Lunt U.S. Factor Rotation ETF by 16.8% in the 3rd quarter. CWM LLC now owns 11,538 shares of the company’s stock valued at $284,000 after purchasing an additional 1,658 shares during the last quarter. Finally, Key Bridge Compliance LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF in the 3rd quarter valued at $291,000.

First Trust Lunt U.S. Factor Rotation ETF Stock Down 0.6 %

FCTR traded down $0.19 during trading on Tuesday, hitting $29.59. The stock had a trading volume of 8,299 shares. The company has a market capitalization of $162.77 million, a price-to-earnings ratio of 12.44 and a beta of 1.04. The business has a fifty day moving average of $30.14 and a 200-day moving average of $27.42.

First Trust Lunt U.S. Factor Rotation ETF Profile

The First Trust Lunt U.S. Factor Rotation ETF (FCTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks. Exposure rotates among four investment factors, selected by a risk-adjusted relative strength score FCTR was launched on Jul 25, 2018 and is managed by First Trust.