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 acquired a new stake in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 129,224 shares of the company’s stock, valued at approximately $3,591,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FCTR. Lunt Capital Management Inc. increased its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 5.0% in the third quarter. Lunt Capital Management Inc. now owns 296,151 shares of the company’s stock valued at $7,295,000 after buying an additional 14,145 shares in the last quarter. Wolf Group Capital Advisors acquired a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 4th quarter valued at about $1,939,000. Finally, Clarus Wealth Advisors acquired a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 4th quarter valued at about $362,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Up 0.5 %

Shares of FCTR opened at $30.82 on Friday. The firm has a market capitalization of $72.43 million, a PE ratio of 14.69 and a beta of 1.14. The business’s 50-day simple moving average is $30.44 and its 200-day simple moving average is $28.10.

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.