Maia Wealth LLC grew its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 20.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,311 shares of the company’s stock after acquiring an additional 4,231 shares during the period. Maia Wealth LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,678,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the company. Creekmur Asset Management LLC bought a new stake in First Trust Long/Short Equity ETF in the 2nd quarter valued at $27,000. Jones Financial Companies Lllp increased its position in First Trust Long/Short Equity ETF by 1,462.5% during the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock worth $30,000 after acquiring an additional 468 shares during the period. Farther Finance Advisors LLC increased its position in First Trust Long/Short Equity ETF by 456.0% during the second quarter. Farther Finance Advisors LLC now owns 467 shares of the company’s stock worth $31,000 after acquiring an additional 383 shares during the period. SouthState Corp grew its position in shares of First Trust Long/Short Equity ETF by 2,040.0% during the 1st quarter. SouthState Corp now owns 1,284 shares of the company’s stock worth $82,000 after purchasing an additional 1,224 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of First Trust Long/Short Equity ETF by 100.8% during the first quarter. National Bank of Canada FI now owns 1,305 shares of the company’s stock worth $83,000 after purchasing an additional 655 shares during the period.
First Trust Long/Short Equity ETF Trading Up 0.7%
NYSEARCA FTLS opened at $71.18 on Wednesday. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48. The company has a 50 day moving average of $70.15 and a 200-day moving average of $67.71. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $72.01.
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.
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