Benjamin Edwards Inc. raised its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,913 shares of the company’s stock after purchasing an additional 12,782 shares during the quarter. Benjamin Edwards Inc.’s holdings in First Trust Long/Short Equity ETF were worth $5,533,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. RFG Advisory LLC raised its position in First Trust Long/Short Equity ETF by 0.7% in the third quarter. RFG Advisory LLC now owns 26,122 shares of the company’s stock valued at $1,827,000 after purchasing an additional 174 shares during the last quarter. GPS Wealth Strategies Group LLC increased its stake in shares of First Trust Long/Short Equity ETF by 87.3% in the third quarter. GPS Wealth Strategies Group LLC now owns 399 shares of the company’s stock valued at $28,000 after buying an additional 186 shares during the period. Hilltop Holdings Inc. increased its stake in shares of First Trust Long/Short Equity ETF by 2.6% in the third quarter. Hilltop Holdings Inc. now owns 7,855 shares of the company’s stock valued at $549,000 after buying an additional 196 shares during the period. Rossby Financial LCC increased its stake in shares of First Trust Long/Short Equity ETF by 48.1% in the third quarter. Rossby Financial LCC now owns 693 shares of the company’s stock valued at $49,000 after buying an additional 225 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its stake in shares of First Trust Long/Short Equity ETF by 2.0% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 13,303 shares of the company’s stock valued at $944,000 after buying an additional 259 shares during the period.
First Trust Long/Short Equity ETF Trading Down 0.6%
Shares of FTLS stock opened at $73.24 on Tuesday. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 21.59 and a beta of 0.51. The stock has a 50-day moving average of $71.16 and a 200-day moving average of $71.08. First Trust Long/Short Equity ETF has a 1-year low of $63.67 and a 1-year high of $74.08.
First Trust Long/Short Equity ETF Profile
The First Trust Long\u002FShort Equity ETF (FTLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund takes both long and short position in US-listed equity with US and foreign exposure. The actively managed funds will typically be 90-100% long and 0-50% short. FTLS was launched on Sep 9, 2014 and is managed by First Trust.
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