Geneos Wealth Management Inc. Has $12.81 Million Stock Position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Geneos Wealth Management Inc. reduced its stake in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 1.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 388,883 shares of the company’s stock after selling 4,223 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.17% of First Trust Lunt U.S. Factor Rotation ETF worth $12,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of FCTR. Jane Street Group LLC grew its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF by 15.1% during the 3rd quarter. Jane Street Group LLC now owns 34,499 shares of the company’s stock worth $1,073,000 after purchasing an additional 4,519 shares in the last quarter. Stifel Financial Corp lifted its position in 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 purchasing an additional 592 shares during the period. Atria Investments Inc acquired a new stake in First Trust Lunt U.S. Factor Rotation ETF during the third quarter worth $227,000. Lunt Capital Management Inc. increased its holdings in First Trust Lunt U.S. Factor Rotation ETF by 4.0% in the 3rd quarter. Lunt Capital Management Inc. now owns 300,433 shares of the company’s stock valued at $9,343,000 after buying an additional 11,494 shares during the period. Finally, Silver Oak Securities Incorporated increased its holdings in First Trust Lunt U.S. Factor Rotation ETF by 478.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 67,568 shares of the company’s stock valued at $2,098,000 after buying an additional 55,897 shares during the period.

First Trust Lunt U.S. Factor Rotation ETF Stock Up 6.4 %

BATS:FCTR opened at $34.58 on Friday. The stock’s 50 day simple moving average is $33.82 and its 200-day simple moving average is $31.84. The company has a market cap of $81.26 million, a P/E ratio of 14.69 and a beta of 1.14.

About First Trust Lunt U.S. Factor Rotation ETF

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.