Kraft Davis & Associates LLC Sells 1,466 Shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Kraft Davis & Associates LLC reduced its position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 10.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,032 shares of the company’s stock after selling 1,466 shares during the quarter. Kraft Davis & Associates LLC’s holdings in First Trust Lunt U.S. Factor Rotation ETF were worth $364,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FCTR. International Assets Investment Management LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter valued at about $3,591,000. Equitable Holdings Inc. bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter valued at about $2,248,000. Wolf Group Capital Advisors bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter valued at about $1,939,000. Ameriprise Financial Inc. bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the third quarter valued at about $1,383,000. Finally, Money Concepts Capital Corp bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter valued at about $1,032,000.

First Trust Lunt U.S. Factor Rotation ETF Price Performance

Shares of First Trust Lunt U.S. Factor Rotation ETF stock traded up $0.17 during trading on Friday, reaching $29.73. The company’s stock had a trading volume of 3,990 shares. The stock has a 50 day moving average of $30.20 and a 200-day moving average of $27.52. The firm has a market capitalization of $163.52 million, a PE ratio of 12.44 and a beta of 1.04.

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.