Private Trust Co. NA increased its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 35.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,854 shares of the company’s stock after buying an additional 746 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Long/Short Equity ETF were worth $188,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Comprehensive Financial Planning Inc. PA acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at $36,000. Blue Trust Inc. bought a new stake in shares of First Trust Long/Short Equity ETF in the 4th quarter valued at about $52,000. Principal Securities Inc. raised its holdings in shares of First Trust Long/Short Equity ETF by 31.9% in the 4th quarter. Principal Securities Inc. now owns 955 shares of the company’s stock valued at $63,000 after purchasing an additional 231 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Long/Short Equity ETF in the 3rd quarter valued at about $75,000. Finally, GAMMA Investing LLC grew its holdings in First Trust Long/Short Equity ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after purchasing an additional 353 shares during the period.
First Trust Long/Short Equity ETF Stock Down 1.8 %
Shares of NYSEARCA FTLS opened at $65.25 on Tuesday. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94. The company has a market cap of $1.92 billion, a PE ratio of 24.12 and a beta of 0.50. The business’s 50 day moving average price is $67.03 and its two-hundred day moving average price is $65.35.
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.
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