First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Bought by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. grew its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 15,217 shares of the company’s stock after buying an additional 706 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in First Trust Long/Short Equity ETF were worth $856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in FTLS. International Assets Investment Management LLC purchased a new position in First Trust Long/Short Equity ETF during the fourth quarter worth approximately $10,664,000. WealthPlan Investment Management LLC grew its stake in First Trust Long/Short Equity ETF by 1,064.1% in the 3rd quarter. WealthPlan Investment Management LLC now owns 192,751 shares of the company’s stock valued at $10,245,000 after acquiring an additional 176,193 shares during the period. CENTRAL TRUST Co raised its position in First Trust Long/Short Equity ETF by 49.1% during the fourth quarter. CENTRAL TRUST Co now owns 366,284 shares of the company’s stock worth $20,607,000 after acquiring an additional 120,693 shares during the period. Private Advisor Group LLC increased its stake in shares of First Trust Long/Short Equity ETF by 137.5% during the third quarter. Private Advisor Group LLC now owns 205,288 shares of the company’s stock worth $10,911,000 after purchasing an additional 118,858 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in shares of 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 %

Shares of NYSEARCA:FTLS opened at $60.63 on Wednesday. The business has a fifty day moving average of $60.63 and a two-hundred day moving average of $58.01. The stock 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 has a 52-week low of $51.02 and a 52-week high of $61.85.

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.