Geneos Wealth Management Inc. Sells 70,062 Shares of First Trust Lunt U.S. Factor Rotation ETF $FCTR

Geneos Wealth Management Inc. decreased its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 16.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 346,382 shares of the company’s stock after selling 70,062 shares during the quarter. Geneos Wealth Management Inc. owned 18.23% of First Trust Lunt U.S. Factor Rotation ETF worth $12,300,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its holdings in First Trust Lunt U.S. Factor Rotation ETF by 0.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 49,224 shares of the company’s stock valued at $1,522,000 after acquiring an additional 353 shares during the period. GeoWealth Management LLC lifted its position in shares of First Trust Lunt U.S. Factor Rotation ETF by 4.9% during the second quarter. GeoWealth Management LLC now owns 30,482 shares of the company’s stock worth $1,036,000 after purchasing an additional 1,436 shares during the last quarter. Lunt Capital Management Inc. boosted its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 0.6% during the second quarter. Lunt Capital Management Inc. now owns 321,634 shares of the company’s stock valued at $10,933,000 after purchasing an additional 1,893 shares during the period. Farther Finance Advisors LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the third quarter worth about $188,000. Finally, Orion Porfolio Solutions LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the second quarter worth about $201,000.

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

FCTR stock opened at $36.88 on Tuesday. The company has a market capitalization of $70.07 million, a PE ratio of 30.34 and a beta of 1.10. First Trust Lunt U.S. Factor Rotation ETF has a 12 month low of $27.39 and a 12 month high of $35.93. The firm’s 50-day moving average is $35.44 and its 200 day moving average is $34.86.

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.