Citizens Financial Group Inc. RI Purchases 2,946 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Citizens Financial Group Inc. RI increased its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,502 shares of the company’s stock after buying an additional 2,946 shares during the period. Citizens Financial Group Inc. RI owned 0.20% of First Trust Long/Short Equity ETF worth $2,600,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FTLS. SBI Securities Co. Ltd. bought a new position in First Trust Long/Short Equity ETF during the fourth quarter worth $34,000. Comprehensive Financial Planning Inc. PA acquired a new stake in First Trust Long/Short Equity ETF in the 4th quarter worth $36,000. Blue Trust Inc. bought a new position in shares of First Trust Long/Short Equity ETF during the 4th quarter worth about $52,000. US Bancorp DE acquired a new position in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at about $62,000. Finally, Principal Securities Inc. lifted its stake in shares of First Trust Long/Short Equity ETF by 31.9% in the fourth quarter. Principal Securities Inc. now owns 955 shares of the company’s stock valued at $63,000 after buying an additional 231 shares during the period.

First Trust Long/Short Equity ETF Stock Down 0.3 %

FTLS stock opened at $63.91 on Wednesday. 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 $1.88 billion, a PE ratio of 24.12 and a beta of 0.50. The business’s 50-day simple moving average is $66.81 and its 200 day simple moving average is $65.41.

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.