Authentikos Wealth Advisory LLC Sells 1,992 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Authentikos Wealth Advisory LLC decreased its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,779 shares of the company’s stock after selling 1,992 shares during the quarter. First Trust Long/Short Equity ETF makes up 2.5% of Authentikos Wealth Advisory LLC’s portfolio, making the stock its 11th biggest holding. Authentikos Wealth Advisory LLC’s holdings in First Trust Long/Short Equity ETF were worth $2,552,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of FTLS. UMB Bank n.a. purchased a new stake in shares of First Trust Long/Short Equity ETF in the 3rd quarter worth $35,000. Comprehensive Financial Planning Inc. PA bought a new stake in First Trust Long/Short Equity ETF during the fourth quarter valued at about $36,000. NBC Securities Inc. increased its position in First Trust Long/Short Equity ETF by 184.2% in the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock worth $51,000 after buying an additional 523 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust Long/Short Equity ETF in the third quarter worth about $75,000. Finally, GAMMA Investing LLC lifted its position in shares of First Trust Long/Short Equity ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after buying an additional 353 shares in the last quarter.

First Trust Long/Short Equity ETF Trading Up 0.2 %

Shares of NYSEARCA:FTLS opened at $67.67 on Wednesday. First Trust Long/Short Equity ETF has a 12-month low of $58.35 and a 12-month high of $69.94. The company has a market cap of $1.34 billion, a PE ratio of 19.46 and a beta of 0.62. The stock has a 50 day moving average of $66.97 and a 200 day moving average of $64.87.

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.