First Trust Long/Short Equity ETF $FTLS Stock Position Raised by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 40.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,105 shares of the company’s stock after buying an additional 14,532 shares during the period. Global Retirement Partners LLC owned 0.16% of First Trust Long/Short Equity ETF worth $3,557,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. RFG Advisory LLC grew its position in shares of First Trust Long/Short Equity ETF by 0.7% during the 3rd quarter. RFG Advisory LLC now owns 26,122 shares of the company’s stock valued at $1,827,000 after buying an additional 174 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in First Trust Long/Short Equity ETF by 87.3% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 399 shares of the company’s stock valued at $28,000 after purchasing an additional 186 shares during the period. Hilltop Holdings Inc. boosted its stake in First Trust Long/Short Equity ETF by 2.6% during the 3rd quarter. Hilltop Holdings Inc. now owns 7,855 shares of the company’s stock valued at $549,000 after purchasing an additional 196 shares during the period. Rossby Financial LCC boosted its stake in First Trust Long/Short Equity ETF by 48.1% during the 3rd quarter. Rossby Financial LCC now owns 693 shares of the company’s stock valued at $49,000 after purchasing an additional 225 shares during the period. Finally, Cyndeo Wealth Partners LLC boosted its stake in First Trust Long/Short Equity ETF by 2.0% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 13,303 shares of the company’s stock valued at $944,000 after purchasing an additional 259 shares during the period.

First Trust Long/Short Equity ETF Stock Up 0.3%

First Trust Long/Short Equity ETF stock opened at $74.65 on Friday. The firm has a 50-day moving average price of $72.04 and a two-hundred day moving average price of $71.47. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 21.59 and a beta of 0.51. First Trust Long/Short Equity ETF has a 52-week low of $64.47 and a 52-week high of $74.79.

First Trust Long/Short Equity ETF Company 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.