Legacy Capital Wealth Partners LLC Acquires 8,864 Shares of First Trust Long/Short Equity ETF $FTLS

Legacy Capital Wealth Partners LLC boosted its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 54.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,120 shares of the company’s stock after purchasing an additional 8,864 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,783,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC raised its stake in shares of First Trust Long/Short Equity ETF by 11.2% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 4,462 shares of the company’s stock worth $317,000 after purchasing an additional 451 shares during the period. EdgeRock Capital LLC grew its position in First Trust Long/Short Equity ETF by 0.9% during the fourth quarter. EdgeRock Capital LLC now owns 204,885 shares of the company’s stock valued at $14,547,000 after buying an additional 1,875 shares during the period. Signal Advisors Wealth LLC increased its holdings in First Trust Long/Short Equity ETF by 5.4% during the fourth quarter. Signal Advisors Wealth LLC now owns 20,339 shares of the company’s stock worth $1,444,000 after buying an additional 1,045 shares during the last quarter. First Heartland Consultants Inc. increased its holdings in First Trust Long/Short Equity ETF by 8.1% during the fourth quarter. First Heartland Consultants Inc. now owns 11,157 shares of the company’s stock worth $792,000 after buying an additional 834 shares during the last quarter. Finally, FOCUS Wealth Advisors LLC raised its position in First Trust Long/Short Equity ETF by 0.5% in the fourth quarter. FOCUS Wealth Advisors LLC now owns 93,560 shares of the company’s stock worth $6,642,000 after acquiring an additional 465 shares during the period.

First Trust Long/Short Equity ETF Stock Up 0.4%

FTLS opened at $70.61 on Thursday. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48. First Trust Long/Short Equity ETF has a twelve month low of $58.90 and a twelve month high of $72.39. The company’s 50-day moving average price is $70.81 and its two-hundred day moving average price is $70.67.

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.