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

Lunt Capital Management Inc. increased its position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 4.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,433 shares of the company’s stock after buying an additional 11,494 shares during the period. First Trust Lunt U.S. Factor Rotation ETF accounts for about 4.4% of Lunt Capital Management Inc.’s investment portfolio, making the stock its 5th biggest position. Lunt Capital Management Inc. owned about 12.78% of First Trust Lunt U.S. Factor Rotation ETF worth $9,343,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FCTR. International Assets Investment Management LLC purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF in the second quarter worth about $150,000. Kingsview Wealth Management LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the first quarter valued at approximately $219,000. Clarus Wealth Advisors grew its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 7.5% during the third quarter. Clarus Wealth Advisors now owns 9,096 shares of the company’s stock valued at $281,000 after buying an additional 631 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 478.9% during the third quarter. Silver Oak Securities Incorporated now owns 67,568 shares of the company’s stock valued at $2,098,000 after buying an additional 55,897 shares during the last quarter.

First Trust Lunt U.S. Factor Rotation ETF Stock Performance

FCTR opened at $31.56 on Monday. The company has a market capitalization of $74.17 million, a PE ratio of 14.69 and a beta of 1.14. The company’s 50 day simple moving average is $30.64 and its 200 day simple moving average is $30.61.

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.