Stratos Wealth Partners LTD. Has $5.28 Million Stock Position in First Trust Long/Short Equity ETF $FTLS

Stratos Wealth Partners LTD. raised its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 79,636 shares of the company’s stock after buying an additional 3,175 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Long/Short Equity ETF were worth $5,278,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of First Trust Long/Short Equity ETF by 456.0% during the second quarter. Farther Finance Advisors LLC now owns 467 shares of the company’s stock valued at $31,000 after purchasing an additional 383 shares during the last quarter. Rossby Financial LCC acquired a new position in First Trust Long/Short Equity ETF during the 1st quarter worth $30,000. Lord & Richards Wealth Management LLC bought a new position in First Trust Long/Short Equity ETF in the 1st quarter valued at $31,000. Jones Financial Companies Lllp increased its stake in shares of First Trust Long/Short Equity ETF by 1,462.5% in the 1st quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock valued at $30,000 after buying an additional 468 shares during the period. Finally, SouthState Corp raised its position in shares of First Trust Long/Short Equity ETF by 2,040.0% during the first quarter. SouthState Corp now owns 1,284 shares of the company’s stock worth $82,000 after acquiring an additional 1,224 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Up 1.0%

Shares of FTLS opened at $69.31 on Friday. The stock’s fifty day simple moving average is $68.58 and its 200-day simple moving average is $66.11. The firm has a market capitalization of $2.00 billion, a PE ratio of 21.59 and a beta of 0.51. First Trust Long/Short Equity ETF has a 12-month low of $58.90 and a 12-month high of $70.49.

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.