Private Advisor Group LLC Increases Stock Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Private Advisor Group LLC boosted its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 338,033 shares of the company’s stock after buying an additional 25,151 shares during the period. Private Advisor Group LLC owned approximately 1.70% of First Trust Long/Short Equity ETF worth $21,455,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. purchased a new position in shares of First Trust Long/Short Equity ETF during the third quarter valued at approximately $35,000. NBC Securities Inc. grew its position in First Trust Long/Short Equity ETF by 184.2% in the 3rd quarter. NBC Securities Inc. now owns 807 shares of the company’s stock valued at $51,000 after acquiring an additional 523 shares during the last quarter. GAMMA Investing LLC purchased a new stake in First Trust Long/Short Equity ETF in the second quarter worth $84,000. Concourse Financial Group Securities Inc. lifted its position in shares of First Trust Long/Short Equity ETF by 248,800.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 2,489 shares of the company’s stock worth $153,000 after purchasing an additional 2,488 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of First Trust Long/Short Equity ETF by 44.2% during the second quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock valued at $160,000 after purchasing an additional 785 shares during the period.

First Trust Long/Short Equity ETF Trading Down 0.9 %

NYSEARCA FTLS opened at $64.25 on Thursday. First Trust Long/Short Equity ETF has a 12 month low of $52.15 and a 12 month high of $65.00. The company’s 50-day moving average price is $63.35 and its 200-day moving average price is $62.23. The stock has a market cap of $1.28 billion, a PE ratio of 19.46 and a beta of 0.62.

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.