First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Sold by Choreo LLC

Choreo LLC lessened its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 7.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,414 shares of the company’s stock after selling 356 shares during the quarter. Choreo LLC’s holdings in First Trust Long/Short Equity ETF were worth $248,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FTLS. Commonwealth Equity Services LLC increased its holdings in First Trust Long/Short Equity ETF by 6.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 85,457 shares of the company’s stock worth $4,542,000 after acquiring an additional 5,350 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of First Trust Long/Short Equity ETF by 15.6% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 66,455 shares of the company’s stock worth $3,532,000 after buying an additional 8,947 shares in the last quarter. Beacon Financial Advisory LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 4.7% during the third quarter. Beacon Financial Advisory LLC now owns 24,226 shares of the company’s stock worth $1,288,000 after buying an additional 1,091 shares in the last quarter. CENTRAL TRUST Co grew its holdings in shares of First Trust Long/Short Equity ETF by 2.4% during the third quarter. CENTRAL TRUST Co now owns 245,591 shares of the company’s stock worth $13,053,000 after buying an additional 5,688 shares in the last quarter. Finally, Financial Advocates Investment Management grew its holdings in shares of First Trust Long/Short Equity ETF by 25.3% during the third quarter. Financial Advocates Investment Management now owns 8,184 shares of the company’s stock worth $435,000 after buying an additional 1,650 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.7 %

First Trust Long/Short Equity ETF stock opened at $60.13 on Friday. First Trust Long/Short Equity ETF has a 52-week low of $50.79 and a 52-week high of $61.85. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 18.96 and a beta of 0.59. The company has a fifty day simple moving average of $60.61 and a 200-day simple moving average of $57.84.

First Trust Long/Short Equity ETF Company 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.