Lcnb Corp Increases Holdings in First Trust Long/Short Equity ETF $FTLS

Lcnb Corp lifted its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 28.8% in the fourth quarter, Holdings Channel reports. The firm owned 75,012 shares of the company’s stock after buying an additional 16,753 shares during the period. First Trust Long/Short Equity ETF accounts for 1.8% of Lcnb Corp’s investment portfolio, making the stock its 15th largest holding. Lcnb Corp’s holdings in First Trust Long/Short Equity ETF were worth $5,325,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of FTLS. NewEdge Advisors LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 32.6% in the first quarter. NewEdge Advisors LLC now owns 7,337 shares of the company’s stock valued at $470,000 after purchasing an additional 1,803 shares during the period. Jones Financial Companies Lllp raised its stake in First Trust Long/Short Equity ETF by 1,462.5% in the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock worth $30,000 after buying an additional 468 shares in the last quarter. Focus Partners Wealth raised its stake in First Trust Long/Short Equity ETF by 6.6% in the first quarter. Focus Partners Wealth now owns 22,906 shares of the company’s stock worth $1,468,000 after buying an additional 1,414 shares in the last quarter. Cerity Partners LLC raised its stake in First Trust Long/Short Equity ETF by 57.7% in the second quarter. Cerity Partners LLC now owns 55,304 shares of the company’s stock worth $3,666,000 after buying an additional 20,225 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in First Trust Long/Short Equity ETF in the second quarter worth approximately $344,000.

First Trust Long/Short Equity ETF Price Performance

Shares of NYSEARCA:FTLS opened at $74.39 on Monday. The company has a market capitalization of $2.30 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 $64.63 and a 52 week high of $74.95. The firm has a 50 day moving average of $72.51 and a 200 day moving average of $71.59.

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.