Sanctuary Advisors LLC Sells 3,812 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Sanctuary Advisors LLC decreased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 11.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,301 shares of the company’s stock after selling 3,812 shares during the quarter. Sanctuary Advisors LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,923,000 as of its most recent SEC filing.

Several other institutional investors 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 during the 3rd quarter valued at about $35,000. NBC Securities Inc. raised its position in First Trust Long/Short Equity ETF by 184.2% during the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock valued at $51,000 after purchasing an additional 523 shares during the period. Larson Financial Group LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 44.2% in the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock valued at $160,000 after purchasing an additional 785 shares during the last quarter. Insigneo Advisory Services LLC purchased a new position in shares of First Trust Long/Short Equity ETF in the 2nd quarter worth approximately $203,000. Finally, Moors & Cabot Inc. increased its position in shares of First Trust Long/Short Equity ETF by 10.5% during the 2nd quarter. Moors & Cabot Inc. now owns 4,986 shares of the company’s stock valued at $312,000 after purchasing an additional 475 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Down 3.0 %

Shares of FTLS opened at $65.66 on Thursday. The business has a fifty day moving average of $65.42 and a 200 day moving average of $63.65. The company has a market cap of $1.30 billion, a PE ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 52-week low of $55.82 and a 52-week high of $67.69.

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.