189,554 Shares in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 189,554 shares of the company’s stock, valued at approximately $10,664,000. International Assets Investment Management LLC owned approximately 1.41% of First Trust Long/Short Equity ETF at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. First Citizens Bank & Trust Co. boosted its position in shares of First Trust Long/Short Equity ETF by 28.4% during the 4th quarter. First Citizens Bank & Trust Co. now owns 58,065 shares of the company’s stock worth $3,267,000 after acquiring an additional 12,838 shares in the last quarter. Financial Enhancement Group LLC boosted its position in First Trust Long/Short Equity ETF by 1.5% in the fourth quarter. Financial Enhancement Group LLC now owns 254,136 shares of the company’s stock valued at $14,600,000 after buying an additional 3,699 shares in the last quarter. Global Retirement Partners LLC boosted its position in First Trust Long/Short Equity ETF by 34.7% in the fourth quarter. Global Retirement Partners LLC now owns 18,893 shares of the company’s stock valued at $1,085,000 after buying an additional 4,862 shares in the last quarter. Meadow Creek Wealth Advisors LLC acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at approximately $870,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in First Trust Long/Short Equity ETF by 155.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 16,733 shares of the company’s stock valued at $941,000 after buying an additional 10,174 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of First Trust Long/Short Equity ETF stock opened at $60.64 on Friday. First Trust Long/Short Equity ETF has a fifty-two week low of $50.74 and a fifty-two week high of $61.85. The firm has a market capitalization of $815.61 million, a P/E ratio of 17.27 and a beta of 0.51. The company’s 50 day moving average price is $60.48 and its two-hundred day moving average price is $57.15.

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.