Geneos Wealth Management Inc. Lowers Holdings in First Trust Lunt U.S. Factor Rotation ETF $FCTR

Geneos Wealth Management Inc. reduced its stake in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 4.1% in the fourth quarter, HoldingsChannel reports. The firm owned 332,325 shares of the company’s stock after selling 14,057 shares during the period. Geneos Wealth Management Inc. owned approximately 0.17% of First Trust Lunt U.S. Factor Rotation ETF worth $11,854,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FCTR. Farther Finance Advisors LLC lifted its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 116.9% during the 4th quarter. Farther Finance Advisors LLC now owns 11,493 shares of the company’s stock worth $410,000 after purchasing an additional 6,195 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF during the 2nd quarter worth $201,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of 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 worth $1,522,000 after purchasing an additional 353 shares during the last quarter.

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

Shares of BATS FCTR opened at $37.39 on Friday. The stock has a market capitalization of $71.04 million, a P/E ratio of 30.34 and a beta of 1.10. First Trust Lunt U.S. Factor Rotation ETF has a 1-year low of $30.19 and a 1-year high of $38.13. The business has a fifty day moving average price of $36.42 and a 200 day moving average price of $36.15.

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.