International Assets Investment Management LLC Invests $3.59 Million in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

International Assets Investment Management LLC purchased a new position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 129,224 shares of the company’s stock, valued at approximately $3,591,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Equitable Holdings Inc. bought a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $2,248,000. Wolf Group Capital Advisors bought a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $1,939,000. Ameriprise Financial Inc. bought a new position in First Trust Lunt U.S. Factor Rotation ETF during the third quarter worth about $1,383,000. Money Concepts Capital Corp bought a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $1,032,000. Finally, Kraft Davis & Associates LLC bought a new position in First Trust Lunt U.S. Factor Rotation ETF during the fourth quarter worth about $907,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Up 0.0 %

FCTR stock opened at $29.50 on Thursday. The business’s fifty day simple moving average is $30.17 and its 200-day simple moving average is $27.47. The company has a market capitalization of $162.24 million, a price-to-earnings 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.