Commonwealth Equity Services LLC Reduces Stock Holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Commonwealth Equity Services LLC trimmed its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTRFree Report) by 15.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,236 shares of the company’s stock after selling 2,891 shares during the quarter. Commonwealth Equity Services LLC owned 0.65% of First Trust Lunt U.S. Factor Rotation ETF worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FCTR. Global Assets Advisory LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 1st quarter valued at about $500,000. BlueChip Wealth Advisors LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 4th quarter valued at about $416,000. Kingsview Wealth Management LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 1st quarter valued at about $219,000. International Assets Investment Management LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 2nd quarter valued at about $150,000. Finally, Creekmur Asset Management LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the 4th quarter valued at about $44,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Up 0.4 %

First Trust Lunt U.S. Factor Rotation ETF stock opened at $30.88 on Friday. The company’s fifty day moving average price is $29.85 and its 200-day moving average price is $30.48. The stock has a market cap of $72.57 million, a P/E ratio of 14.69 and a beta of 1.14.

About First Trust Lunt U.S. Factor Rotation ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FCTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTRFree Report).

Institutional Ownership by Quarter for First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

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