TFB Advisors LLC Invests $242,000 in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Posted by Casey Walker on Feb 13th, 2025

TFB Advisors LLC purchased a new stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,671 shares of the company’s stock, valued at approximately $242,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. UMB Bank n.a. bought a new position in First Trust Long/Short Equity ETF in the 3rd quarter valued at $35,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at $36,000. NBC Securities Inc. boosted its holdings in First Trust Long/Short Equity ETF by 184.2% in the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock valued at $51,000 after acquiring an additional 523 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Long/Short Equity ETF in the third quarter worth about $75,000. Finally, GAMMA Investing LLC raised its holdings in First Trust Long/Short Equity ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after purchasing an additional 353 shares during the last quarter.

First Trust Long/Short Equity ETF Trading Down 0.4 %

Shares of NYSEARCA FTLS opened at $67.43 on Thursday. First Trust Long/Short Equity ETF has a 1 year low of $58.35 and a 1 year high of $69.94. The firm’s 50-day moving average is $66.98 and its 200-day moving average is $64.89. The firm has a market capitalization of $1.34 billion, a PE ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF Profile

(Free Report)

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.