BlueChip Wealth Advisors LLC Trims Stock Holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

BlueChip Wealth Advisors LLC lowered its stake in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 56.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,327 shares of the company’s stock after selling 8,225 shares during the period. BlueChip Wealth Advisors LLC owned 0.27% of First Trust Lunt U.S. Factor Rotation ETF worth $208,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in First Trust Lunt U.S. Factor Rotation ETF by 36.6% during the fourth quarter. LPL Financial LLC now owns 194,698 shares of the company’s stock valued at $6,413,000 after acquiring an additional 52,169 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of First Trust Lunt U.S. Factor Rotation ETF during the 4th quarter valued at $250,000. 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 period. Lunt Capital Management Inc. raised its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 4.7% in the fourth quarter. Lunt Capital Management Inc. now owns 314,625 shares of the company’s stock worth $10,364,000 after buying an additional 14,192 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in First Trust Lunt U.S. Factor Rotation ETF by 15.1% during the third quarter. Jane Street Group LLC now owns 34,499 shares of the company’s stock valued at $1,073,000 after buying an additional 4,519 shares during the period.

First Trust Lunt U.S. Factor Rotation ETF Stock Down 5.6 %

First Trust Lunt U.S. Factor Rotation ETF stock opened at $30.69 on Friday. The stock has a market cap of $62.91 million, a price-to-earnings ratio of 29.79 and a beta of 1.13. The business has a 50-day simple moving average of $32.95 and a 200 day simple moving average of $32.76. First Trust Lunt U.S. Factor Rotation ETF has a 52 week low of $27.39 and a 52 week high of $35.93.

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.