Oppenheimer & Co. Inc. Acquires 711 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Oppenheimer & Co. Inc. raised its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLSFree Report) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,885 shares of the company’s stock after buying an additional 711 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.18% of First Trust Long/Short Equity ETF worth $1,269,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Coppell Advisory Solutions Corp. bought a new stake in shares of First Trust Long/Short Equity ETF in the 4th quarter valued at approximately $30,000. Resurgent Financial Advisors LLC bought a new stake in shares of First Trust Long/Short Equity ETF during the 4th quarter worth approximately $34,000. JPMorgan Chase & Co. lifted its stake in shares of First Trust Long/Short Equity ETF by 567.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,388 shares of the company’s stock worth $71,000 after acquiring an additional 1,180 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of First Trust Long/Short Equity ETF during the 3rd quarter worth approximately $72,000. Finally, Oakworth Capital Inc. bought a new stake in shares of First Trust Long/Short Equity ETF during the 2nd quarter worth approximately $74,000.

First Trust Long/Short Equity ETF Stock Performance

Shares of FTLS stock opened at $58.67 on Wednesday. First Trust Long/Short Equity ETF has a 52-week low of $48.17 and a 52-week high of $59.07. The firm has a market capitalization of $789.11 million, a P/E ratio of 17.27 and a beta of 0.51. The stock has a 50 day moving average price of $57.01 and a 200 day moving average price of $54.87.

First Trust Long/Short Equity ETF Company 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.

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Institutional Ownership by Quarter for First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

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