First Trust Long/Short Equity ETF $FTLS Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. raised its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 19.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,418 shares of the company’s stock after purchasing an additional 1,034 shares during the period. Moors & Cabot Inc.’s holdings in First Trust Long/Short Equity ETF were worth $425,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of FTLS. Envestnet Asset Management Inc. lifted its stake in shares of First Trust Long/Short Equity ETF by 4.8% during the first quarter. Envestnet Asset Management Inc. now owns 534,076 shares of the company’s stock valued at $34,224,000 after buying an additional 24,540 shares during the period. Crossmark Global Holdings Inc. acquired a new position in First Trust Long/Short Equity ETF in the 1st quarter valued at $489,000. Cerity Partners LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 198.6% during the 1st quarter. Cerity Partners LLC now owns 35,079 shares of the company’s stock worth $2,248,000 after purchasing an additional 23,331 shares during the period. CWM LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 5.1% during the first quarter. CWM LLC now owns 190,920 shares of the company’s stock worth $12,234,000 after purchasing an additional 9,194 shares during the last quarter. Finally, Reyes Financial Architecture Inc. boosted its holdings in shares of First Trust Long/Short Equity ETF by 15.5% during the first quarter. Reyes Financial Architecture Inc. now owns 6,120 shares of the company’s stock worth $392,000 after purchasing an additional 823 shares during the last quarter.

First Trust Long/Short Equity ETF Trading Down 0.1%

First Trust Long/Short Equity ETF stock opened at $70.92 on Friday. The stock has a fifty day moving average price of $69.51 and a 200 day moving average price of $67.07. First Trust Long/Short Equity ETF has a 52 week low of $58.90 and a 52 week high of $71.70. The firm has a market capitalization of $2.07 billion, a P/E ratio of 21.59 and a beta of 0.48.

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.