Golden State Equity Partners reduced its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 7.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,312 shares of the company’s stock after selling 1,688 shares during the period. Golden State Equity Partners owned approximately 0.10% of First Trust Long/Short Equity ETF worth $1,289,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of First Trust Long/Short Equity ETF by 3.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,902 shares of the company’s stock worth $3,992,000 after purchasing an additional 2,278 shares during the period. Parcion Private Wealth LLC purchased a new stake in First Trust Long/Short Equity ETF during the third quarter worth about $357,000. Silver Oak Securities Incorporated grew its position in First Trust Long/Short Equity ETF by 35.6% during the third quarter. Silver Oak Securities Incorporated now owns 13,174 shares of the company’s stock worth $831,000 after buying an additional 3,458 shares during the period. International Assets Investment Management LLC increased its holdings in First Trust Long/Short Equity ETF by 4,639.2% in the third quarter. International Assets Investment Management LLC now owns 310,702 shares of the company’s stock valued at $197,200,000 after buying an additional 304,146 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC lifted its position in shares of First Trust Long/Short Equity ETF by 1.7% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 9,699 shares of the company’s stock valued at $616,000 after acquiring an additional 165 shares during the period.
First Trust Long/Short Equity ETF Stock Down 0.0 %
Shares of FTLS traded down $0.01 on Wednesday, reaching $64.16. The stock had a trading volume of 103 shares, compared to its average volume of 134,468. First Trust Long/Short Equity ETF has a twelve month low of $52.51 and a twelve month high of $65.00. The firm has a market capitalization of $1.27 billion, a PE ratio of 19.46 and a beta of 0.62. The firm has a 50-day moving average of $63.42 and a 200 day moving average of $62.31.
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.
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