Short Interest in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Decreases By 52.2%

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,666 shares, a decline of 52.2% from the August 15th total of 3,485 shares. Based on an average daily volume of 1,595 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of First Trust Lunt U.S. Factor Rotation ETF

Institutional investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV purchased a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the 4th quarter worth $216,000. Orion Porfolio Solutions LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF in the second quarter valued at $201,000. Integrated Wealth Concepts LLC acquired a new position in First Trust Lunt U.S. Factor Rotation ETF in the second quarter valued at $97,000. Goldman Sachs Group Inc. grew its position in First Trust Lunt U.S. Factor Rotation ETF by 1.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 60,453 shares of the company’s stock valued at $2,156,000 after acquiring an additional 1,016 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in First Trust Lunt U.S. Factor Rotation ETF during the first quarter valued at about $27,000.

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

Shares of FCTR stock opened at $39.59 on Monday. The firm has a market capitalization of $75.22 million, a price-to-earnings ratio of 30.34 and a beta of 1.10. First Trust Lunt U.S. Factor Rotation ETF has a one year low of $32.11 and a one year high of $41.36. The company has a 50 day moving average price of $39.76 and a 200 day moving average price of $38.61.

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.