13,848 Shares in First Trust Long/Short Equity ETF $FTLS Bought by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 13,848 shares of the company’s stock, valued at approximately $918,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 198.6% in the first quarter. Cerity Partners LLC now owns 35,079 shares of the company’s stock worth $2,248,000 after buying an additional 23,331 shares during the period. Frederick Financial Consultants LLC purchased a new stake in shares of First Trust Long/Short Equity ETF in the 1st quarter valued at approximately $1,474,000. Kingsview Wealth Management LLC lifted its position in shares of First Trust Long/Short Equity ETF by 9.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 50,301 shares of the company’s stock valued at $3,223,000 after acquiring an additional 4,141 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in First Trust Long/Short Equity ETF by 13.2% in the 1st quarter. Kestra Private Wealth Services LLC now owns 27,346 shares of the company’s stock worth $1,752,000 after purchasing an additional 3,192 shares during the period. Finally, Wedbush Securities Inc. grew its position in First Trust Long/Short Equity ETF by 96.1% during the 1st quarter. Wedbush Securities Inc. now owns 9,374 shares of the company’s stock worth $601,000 after purchasing an additional 4,595 shares in the last quarter.

First Trust Long/Short Equity ETF Trading Down 1.1%

Shares of FTLS stock opened at $71.20 on Friday. The stock’s fifty day simple moving average is $69.82 and its 200-day simple moving average is $67.29. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48. 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 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.