Nations Financial Group Inc. IA ADV Acquires New Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Nations Financial Group Inc. IA ADV acquired a new stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,094 shares of the company’s stock, valued at approximately $1,125,000. Nations Financial Group Inc. IA ADV owned approximately 0.09% of First Trust Long/Short Equity ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Blue Trust Inc. bought a new stake in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at about $52,000. TFB Advisors LLC bought a new stake in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at about $242,000. Cornerstone Planning Group LLC raised its stake in shares of First Trust Long/Short Equity ETF by 2.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 188,711 shares of the company’s stock valued at $12,644,000 after purchasing an additional 5,063 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new stake in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at about $36,000. Finally, Stephens Inc. AR bought a new stake in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at about $875,000.

First Trust Long/Short Equity ETF Stock Down 0.0 %

Shares of NYSEARCA FTLS opened at $67.75 on Monday. The firm’s 50-day simple moving average is $67.01 and its 200 day simple moving average is $64.98. The stock has a market cap of $1.34 billion, a P/E ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a fifty-two week low of $58.35 and a fifty-two week high of $69.94.

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.