Short Interest in First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) Decreases By 55.7%

First Trust Lunt U.S. Factor Rotation ETF (BATS:FCTR) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 321 shares, a decrease of 55.7% from the April 15th total of 724 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,138 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 1.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 60,453 shares of the company’s stock worth $2,156,000 after buying an additional 1,016 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of First Trust Lunt U.S. Factor Rotation ETF by 116.9% in the fourth quarter. Farther Finance Advisors LLC now owns 11,493 shares of the company’s stock worth $410,000 after buying an additional 6,195 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter worth approximately $216,000. Orion Porfolio Solutions LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the second quarter worth approximately $201,000. Finally, Camelot Portfolios LLC bought a new position in shares of First Trust Lunt U.S. Factor Rotation ETF in the fourth quarter worth approximately $108,000.

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

Shares of BATS FCTR opened at $38.08 on Friday. The firm’s 50 day moving average price is $36.68 and its 200-day moving average price is $36.42. The company has a market cap of $72.35 million, a PE ratio of 30.34 and a beta of 1.10. First Trust Lunt U.S. Factor Rotation ETF has a 52-week low of $32.11 and a 52-week high of $39.07.

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.