First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Bought by Allworth Financial LP

Allworth Financial LP raised its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 38.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,789 shares of the company’s stock after purchasing an additional 771 shares during the period. Allworth Financial LP’s holdings in First Trust Long/Short Equity ETF were worth $190,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of FTLS. Jane Street Group LLC purchased a new position in First Trust Long/Short Equity ETF during the third quarter worth about $2,329,000. JPMorgan Chase & Co. lifted its position in First Trust Long/Short Equity ETF by 4,148.1% during the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after buying an additional 413,979 shares during the period. GAMMA Investing LLC lifted its position 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 buying an additional 353 shares during the period. SMART Wealth LLC lifted its position in First Trust Long/Short Equity ETF by 10.0% during the third quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock worth $1,235,000 after buying an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc lifted its position in First Trust Long/Short Equity ETF by 4.2% during the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock worth $741,000 after buying an additional 474 shares during the period.

First Trust Long/Short Equity ETF Trading Down 1.5 %

NYSEARCA FTLS opened at $66.63 on Friday. The business’s 50-day moving average price is $67.07 and its 200 day moving average price is $65.17. 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 capitalization of $1.32 billion, a PE ratio of 19.46 and a beta of 0.62.

About First Trust Long/Short Equity ETF

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.