Lincoln National Corp Decreases Stock Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Lincoln National Corp lessened its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,965 shares of the company’s stock after selling 649 shares during the quarter. Lincoln National Corp’s holdings in First Trust Long/Short Equity ETF were worth $1,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. National Bank of Canada FI raised its holdings in shares of First Trust Long/Short Equity ETF by 127.7% in the 4th quarter. National Bank of Canada FI now owns 535 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in First Trust Long/Short Equity ETF by 4.9% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 15,217 shares of the company’s stock worth $856,000 after acquiring an additional 706 shares during the last quarter. Owen LaRue LLC purchased a new stake in First Trust Long/Short Equity ETF during the fourth quarter valued at about $1,108,000. Stegent Equity Advisors Inc. boosted its position in First Trust Long/Short Equity ETF by 311.9% during the fourth quarter. Stegent Equity Advisors Inc. now owns 45,443 shares of the company’s stock worth $2,557,000 after purchasing an additional 34,411 shares during the period. Finally, Kestra Private Wealth Services LLC increased its stake in shares of First Trust Long/Short Equity ETF by 36.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 25,063 shares of the company’s stock worth $1,410,000 after purchasing an additional 6,684 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Down 0.1 %

NYSEARCA FTLS opened at $60.59 on Thursday. The company’s 50 day moving average is $60.64 and its 200-day moving average is $58.03. The firm has a market cap of $1.20 billion, a P/E ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 12-month low of $51.02 and a 12-month high of $61.85.

About First Trust Long/Short Equity ETF

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.