LPL Financial LLC boosted its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 6.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,397,528 shares of the company’s stock after acquiring an additional 149,648 shares during the quarter. LPL Financial LLC owned 0.08% of First Trust Long/Short Equity ETF worth $170,200,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently bought and sold shares of FTLS. Burkett Financial Services LLC purchased a new stake in First Trust Long/Short Equity ETF during the 3rd quarter valued at about $28,000. Tidemark LLC purchased a new stake in First Trust Long/Short Equity ETF during the 4th quarter valued at about $29,000. Jones Financial Companies Lllp grew its holdings in 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 worth $30,000 after acquiring an additional 468 shares during the last quarter. Rossby Financial LCC grew its holdings in First Trust Long/Short Equity ETF by 48.1% in the 3rd quarter. Rossby Financial LCC now owns 693 shares of the company’s stock worth $49,000 after acquiring an additional 225 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its holdings in First Trust Long/Short Equity ETF by 801.8% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,470 shares of the company’s stock worth $104,000 after acquiring an additional 1,307 shares during the last quarter.
First Trust Long/Short Equity ETF Stock Down 0.6%
Shares of First Trust Long/Short Equity ETF stock opened at $72.98 on Thursday. The firm has a market cap of $2.26 billion, a PE ratio of 21.59 and a beta of 0.50. First Trust Long/Short Equity ETF has a 12-month low of $64.63 and a 12-month high of $75.06. The company’s fifty day simple moving average is $73.21 and its two-hundred day simple moving average is $71.77.
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.
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