First Heartland Consultants Inc. Increases Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

First Heartland Consultants Inc. grew its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 27.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,484 shares of the company’s stock after purchasing an additional 2,067 shares during the quarter. First Heartland Consultants Inc.’s holdings in First Trust Long/Short Equity ETF were worth $602,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Cetera Investment Advisers boosted its stake in First Trust Long/Short Equity ETF by 11.8% in the 2nd quarter. Cetera Investment Advisers now owns 316,306 shares of the company’s stock worth $19,798,000 after purchasing an additional 33,263 shares during the period. Larson Financial Group LLC boosted its position in shares of First Trust Long/Short Equity ETF by 44.2% during the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock valued at $160,000 after acquiring an additional 785 shares during the last quarter. Legacy Capital Wealth Partners LLC bought a new stake in shares of First Trust Long/Short Equity ETF during the 2nd quarter valued at about $718,000. OLD National Bancorp IN boosted its position in shares of First Trust Long/Short Equity ETF by 24.7% during the 3rd quarter. OLD National Bancorp IN now owns 33,806 shares of the company’s stock valued at $2,146,000 after acquiring an additional 6,704 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of First Trust Long/Short Equity ETF by 390.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 60,624 shares of the company’s stock valued at $3,794,000 after acquiring an additional 48,264 shares during the last quarter.

First Trust Long/Short Equity ETF Trading Down 0.1 %

Shares of NYSEARCA FTLS opened at $65.50 on Wednesday. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 1-year low of $54.48 and a 1-year high of $65.76. The stock’s 50-day moving average is $63.70 and its 200 day moving average is $62.68.

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.