Parcion Private Wealth LLC bought a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,624 shares of the company’s stock, valued at approximately $357,000.
A number of other institutional investors also recently modified their holdings of FTLS. LPL Financial LLC raised its position in First Trust Long/Short Equity ETF by 27.3% in the 2nd quarter. LPL Financial LLC now owns 1,562,009 shares of the company’s stock valued at $97,766,000 after buying an additional 335,072 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of First Trust Long/Short Equity ETF by 4,639.2% during the 3rd quarter. International Assets Investment Management LLC now owns 310,702 shares of the company’s stock valued at $197,200,000 after purchasing an additional 304,146 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust Long/Short Equity ETF by 557.2% during the 1st quarter. Cetera Investment Advisers now owns 283,043 shares of the company’s stock valued at $17,452,000 after purchasing an additional 239,972 shares during the last quarter. Private Advisor Group LLC increased its position in shares of First Trust Long/Short Equity ETF by 69.2% during the 1st quarter. Private Advisor Group LLC now owns 302,862 shares of the company’s stock valued at $18,675,000 after purchasing an additional 123,860 shares during the last quarter. Finally, EdgeRock Capital LLC purchased a new stake in shares of First Trust Long/Short Equity ETF during the 2nd quarter valued at $5,525,000.
First Trust Long/Short Equity ETF Price Performance
Shares of First Trust Long/Short Equity ETF stock opened at $64.15 on Friday. First Trust Long/Short Equity ETF has a 1 year low of $52.15 and a 1 year high of $65.00. The firm has a market cap of $1.27 billion, a PE ratio of 19.46 and a beta of 0.62. The stock has a fifty day moving average price of $63.40 and a 200-day moving average price of $62.27.
About First Trust Long/Short Equity ETF
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.
Further Reading
- Five stocks we like better than First Trust Long/Short Equity ETF
- What Does a Stock Split Mean?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What Investors Need to Know to Beat the Market
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Investing In Automotive Stocks
- MarketBeat Week in Review – 10/21- 10/25
Want to see what other hedge funds are holding FTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report).
Receive News & Ratings for First Trust Long/Short Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Long/Short Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.