First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Position Raised by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC raised its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 130,539 shares of the company’s stock after buying an additional 5,122 shares during the period. WealthPlan Investment Management LLC owned approximately 0.66% of First Trust Long/Short Equity ETF worth $8,285,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. WealthPLAN Partners LLC lifted its position in shares of First Trust Long/Short Equity ETF by 1.0% during the 3rd quarter. WealthPLAN Partners LLC now owns 178,795 shares of the company’s stock valued at $11,348,000 after acquiring an additional 1,741 shares during the last quarter. Harbour Investments Inc. lifted its position in shares of First Trust Long/Short Equity ETF by 205.9% during the 3rd quarter. Harbour Investments Inc. now owns 42,161 shares of the company’s stock valued at $2,676,000 after acquiring an additional 28,379 shares during the last quarter. Apollon Wealth Management LLC lifted its position in shares of First Trust Long/Short Equity ETF by 205.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 27,596 shares of the company’s stock valued at $1,751,000 after acquiring an additional 18,554 shares during the last quarter. Legacy Capital Wealth Partners LLC raised its stake in First Trust Long/Short Equity ETF by 24.4% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 14,277 shares of the company’s stock valued at $906,000 after purchasing an additional 2,802 shares during the period. Finally, Atria Investments Inc raised its stake in First Trust Long/Short Equity ETF by 10.7% during the 3rd quarter. Atria Investments Inc now owns 25,629 shares of the company’s stock valued at $1,627,000 after purchasing an additional 2,474 shares during the period.

First Trust Long/Short Equity ETF Stock Down 0.1 %

Shares of NYSEARCA:FTLS opened at $65.56 on Tuesday. The company’s fifty day moving average is $63.64 and its two-hundred day moving average is $62.64. First Trust Long/Short Equity ETF has a 12-month low of $54.48 and a 12-month high of $65.75. The company has a market cap of $1.30 billion, a P/E ratio of 19.46 and a beta of 0.62.

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.