Benjamin F. Edwards & Company Inc. Boosts Stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Benjamin F. Edwards & Company Inc. lifted its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,217 shares of the company’s stock after buying an additional 706 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 0.11% of First Trust Long/Short Equity ETF worth $856,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FTLS. International Assets Investment Management LLC purchased a new stake in shares of First Trust Long/Short Equity ETF during the 4th quarter valued at about $10,664,000. WealthPlan Investment Management LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 1,064.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 192,751 shares of the company’s stock valued at $10,245,000 after buying an additional 176,193 shares during the period. CENTRAL TRUST Co boosted its stake in shares of First Trust Long/Short Equity ETF by 49.1% in the 4th quarter. CENTRAL TRUST Co now owns 366,284 shares of the company’s stock worth $20,607,000 after buying an additional 120,693 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 137.5% in the third quarter. Private Advisor Group LLC now owns 205,288 shares of the company’s stock worth $10,911,000 after acquiring an additional 118,858 shares during the period. Finally, Truist Financial Corp increased its position in First Trust Long/Short Equity ETF by 22.3% during the third quarter. Truist Financial Corp now owns 481,772 shares of the company’s stock valued at $25,606,000 after acquiring an additional 87,779 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Down 0.2 %

First Trust Long/Short Equity ETF stock opened at $60.63 on Wednesday. The business has a 50-day simple moving average of $60.63 and a two-hundred day simple moving average of $58.01. First Trust Long/Short Equity ETF has a 52-week low of $51.02 and a 52-week high of $61.85. The company has a market cap of $1.20 billion, a P/E ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF 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.