3,040 Shares in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Purchased by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC acquired a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,040 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors have also added to or reduced their stakes in FTLS. Jane Street Group LLC purchased a new stake in shares of First Trust Long/Short Equity ETF in the 3rd quarter valued at about $2,329,000. JPMorgan Chase & Co. raised its holdings in shares of First Trust Long/Short Equity ETF by 4,148.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock valued at $26,909,000 after acquiring an additional 413,979 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after acquiring an additional 353 shares in the last quarter. SMART Wealth LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 10.0% in the 3rd quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock valued at $1,235,000 after acquiring an additional 1,775 shares in the last quarter. Finally, Prospera Financial Services Inc raised its holdings in shares of First Trust Long/Short Equity ETF by 4.2% in the 3rd quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after acquiring an additional 474 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.0 %

NYSEARCA:FTLS opened at $63.93 on Thursday. The stock has a market cap of $1.88 billion, a P/E ratio of 24.12 and a beta of 0.50. The business’s 50-day moving average price is $66.78 and its two-hundred day moving average price is $65.41. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94.

First Trust Long/Short Equity ETF Company 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.