Soltis Investment Advisors LLC Sells 1,326 Shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Soltis Investment Advisors LLC trimmed its holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 185,975 shares of the company’s stock after selling 1,326 shares during the quarter. Soltis Investment Advisors LLC owned approximately 0.08% of First Trust Lunt U.S. Factor Rotation ETF worth $6,126,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Lunt Capital Management Inc. grew its stake in First Trust Lunt U.S. Factor Rotation ETF by 4.7% during the fourth quarter. Lunt Capital Management Inc. now owns 314,625 shares of the company’s stock valued at $10,364,000 after acquiring an additional 14,192 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF by 9.7% in the fourth quarter. Silver Oak Securities Incorporated now owns 74,144 shares of the company’s stock worth $2,452,000 after purchasing an additional 6,576 shares during the last quarter. Jane Street Group LLC lifted its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 15.1% in the third quarter. Jane Street Group LLC now owns 34,499 shares of the company’s stock worth $1,073,000 after buying an additional 4,519 shares in the last quarter. Stifel Financial Corp lifted its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 7.9% in the third quarter. Stifel Financial Corp now owns 8,062 shares of the company’s stock worth $251,000 after buying an additional 592 shares in the last quarter. Finally, Atria Investments Inc purchased a new position in First Trust Lunt U.S. Factor Rotation ETF during the 3rd quarter valued at approximately $227,000.

First Trust Lunt U.S. Factor Rotation ETF Stock Up 6.6 %

Shares of FCTR opened at $34.67 on Monday. The stock has a market cap of $81.46 million, a PE ratio of 14.69 and a beta of 1.14. The business’s 50-day moving average price is $33.77 and its 200 day moving average price is $32.04.

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.