First Trust Lunt U.S. Factor Rotation ETF $FCTR Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. reduced its stake in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 7.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 307,579 shares of the company’s stock after selling 24,746 shares during the period. Geneos Wealth Management Inc. owned approximately 16.19% of First Trust Lunt U.S. Factor Rotation ETF worth $10,971,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF by 1.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,453 shares of the company’s stock valued at $2,156,000 after purchasing an additional 1,016 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in First Trust Lunt U.S. Factor Rotation ETF by 116.9% during the fourth quarter. Farther Finance Advisors LLC now owns 11,493 shares of the company’s stock worth $410,000 after buying an additional 6,195 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $216,000. Orion Porfolio Solutions LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the second quarter worth about $201,000. Finally, Camelot Portfolios LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $108,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Down 1.7%

Shares of First Trust Lunt U.S. Factor Rotation ETF stock opened at $39.42 on Thursday. The company has a 50-day moving average of $39.82 and a two-hundred day moving average of $37.84. First Trust Lunt U.S. Factor Rotation ETF has a 12-month low of $32.11 and a 12-month high of $41.36. The stock has a market cap of $74.90 million, a PE ratio of 30.34 and a beta of 1.10.

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.