Mercer Global Advisors Inc. ADV Has $906,000 Position in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Mercer Global Advisors Inc. ADV cut its holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 13.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,187 shares of the company’s stock after selling 4,482 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 1.24% of First Trust Lunt U.S. Factor Rotation ETF worth $906,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FCTR. BlueChip Wealth Advisors LLC bought a new stake in First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter worth $416,000. Creekmur Asset Management LLC acquired a new position in shares of First Trust Lunt U.S. Factor Rotation ETF during the 4th quarter valued at about $44,000. Global Assets Advisory LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the 1st quarter valued at approximately $500,000. Kingsview Wealth Management LLC acquired a new stake in First Trust Lunt U.S. Factor Rotation ETF in the 1st quarter worth approximately $219,000. Finally, International Assets Investment Management LLC bought a new stake in First Trust Lunt U.S. Factor Rotation ETF during the second quarter worth approximately $150,000.

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

BATS:FCTR opened at $31.08 on Thursday. The company has a 50 day moving average price of $29.79 and a 200 day moving average price of $30.48. The company has a market capitalization of $73.03 million, a price-to-earnings ratio of 14.69 and a beta of 1.14.

First Trust Lunt U.S. Factor Rotation ETF Company 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.