Soltis Investment Advisors LLC Has $5.83 Million Holdings in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Soltis Investment Advisors LLC trimmed its holdings in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 29.6% in the third quarter, HoldingsChannel reports. The firm owned 187,301 shares of the company’s stock after selling 78,860 shares during the period. Soltis Investment Advisors LLC owned approximately 0.08% of First Trust Lunt U.S. Factor Rotation ETF worth $5,825,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Silver Oak Securities Incorporated boosted its position in First Trust Lunt U.S. Factor Rotation ETF by 478.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 67,568 shares of the company’s stock valued at $2,098,000 after buying an additional 55,897 shares during the last quarter. Lunt Capital Management Inc. lifted its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 4.0% during the third quarter. Lunt Capital Management Inc. now owns 300,433 shares of the company’s stock valued at $9,343,000 after acquiring an additional 11,494 shares during the period. Atria Investments Inc bought a new position in First Trust Lunt U.S. Factor Rotation ETF in the third quarter valued at about $227,000. International Assets Investment Management LLC bought a new position in First Trust Lunt U.S. Factor Rotation ETF in the second quarter valued at about $150,000. Finally, Jane Street Group LLC increased its position in First Trust Lunt U.S. Factor Rotation ETF by 15.1% in the third quarter. Jane Street Group LLC now owns 34,499 shares of the company’s stock worth $1,073,000 after purchasing an additional 4,519 shares during the period.

First Trust Lunt U.S. Factor Rotation ETF Stock Down 1.0 %

Shares of BATS FCTR opened at $34.22 on Wednesday. The company has a 50-day simple moving average of $32.91 and a 200-day simple moving average of $31.32. The company has a market cap of $80.41 million, a price-to-earnings ratio of 14.69 and a beta of 1.14.

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.