Kraft Davis & Associates LLC Cuts Holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Kraft Davis & Associates LLC decreased its position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,032 shares of the company’s stock after selling 1,466 shares during the period. Kraft Davis & Associates LLC owned about 0.24% of First Trust Lunt U.S. Factor Rotation ETF worth $364,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FCTR. International Assets Investment Management LLC purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $3,591,000. Wolf Group Capital Advisors acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $1,939,000. CWM LLC boosted its position in First Trust Lunt U.S. Factor Rotation ETF by 16.8% during the third quarter. CWM LLC now owns 11,538 shares of the company’s stock worth $284,000 after acquiring an additional 1,658 shares during the last quarter. Lunt Capital Management Inc. boosted its position in First Trust Lunt U.S. Factor Rotation ETF by 5.0% during the third quarter. Lunt Capital Management Inc. now owns 296,151 shares of the company’s stock worth $7,295,000 after acquiring an additional 14,145 shares during the last quarter. Finally, Key Bridge Compliance LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the third quarter worth about $291,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Up 0.6 %

FCTR traded up $0.17 on Friday, reaching $29.73. 3,990 shares of the company’s stock were exchanged. The firm has a market capitalization of $163.52 million, a PE ratio of 12.44 and a beta of 1.04. The business has a fifty day moving average price of $30.20 and a two-hundred day moving average price of $27.52.

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.