Stifel Financial Corp Purchases 592 Shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR)

Stifel Financial Corp raised its position in shares of First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) by 7.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,062 shares of the company’s stock after purchasing an additional 592 shares during the period. Stifel Financial Corp’s holdings in First Trust Lunt U.S. Factor Rotation ETF were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Lunt Capital Management Inc. increased 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 buying an additional 11,494 shares during the period. Silver Oak Securities Incorporated increased its position in First Trust Lunt U.S. Factor Rotation ETF by 478.9% during the 3rd quarter. Silver Oak Securities Incorporated now owns 67,568 shares of the company’s stock valued at $2,098,000 after purchasing an additional 55,897 shares during the period. Clarus Wealth Advisors increased its position in First Trust Lunt U.S. Factor Rotation ETF by 7.5% during the 3rd quarter. Clarus Wealth Advisors now owns 9,096 shares of the company’s stock valued at $281,000 after purchasing an additional 631 shares during the period. Atria Investments Inc bought a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF in the 3rd quarter valued at about $227,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of First Trust Lunt U.S. Factor Rotation ETF in the 2nd quarter worth approximately $150,000.

First Trust Lunt U.S. Factor Rotation ETF Trading Down 0.9 %

Shares of FCTR stock opened at $33.31 on Monday. The stock has a market capitalization of $78.28 million, a price-to-earnings ratio of 14.69 and a beta of 1.14. The company’s 50-day simple moving average is $33.49 and its 200 day simple moving average is $31.57.

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.