Moors & Cabot Inc. lifted its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 4.6% during the third quarter, Holdings Channel.com reports. The firm owned 5,214 shares of the company’s stock after acquiring an additional 228 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Long/Short Equity ETF were worth $331,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the stock. LPL Financial LLC lifted its position in shares of First Trust Long/Short Equity ETF by 27.3% during the 2nd quarter. LPL Financial LLC now owns 1,562,009 shares of the company’s stock valued at $97,766,000 after acquiring an additional 335,072 shares during the period. International Assets Investment Management LLC increased its holdings in First Trust Long/Short Equity ETF by 4,639.2% during the 3rd quarter. International Assets Investment Management LLC now owns 310,702 shares of the company’s stock worth $197,200,000 after purchasing an additional 304,146 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Long/Short Equity ETF by 557.2% in the first quarter. Cetera Investment Advisers now owns 283,043 shares of the company’s stock worth $17,452,000 after purchasing an additional 239,972 shares during the last quarter. EdgeRock Capital LLC bought a new position in First Trust Long/Short Equity ETF during the 2nd quarter valued at $5,525,000. Finally, Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the 3rd quarter worth $4,435,000.
First Trust Long/Short Equity ETF Stock Up 0.1 %
FTLS stock opened at $65.63 on Friday. The firm has a market cap of $1.30 billion, a PE ratio of 19.46 and a beta of 0.62. The business has a 50 day moving average of $64.23 and a 200-day moving average of $62.95. First Trust Long/Short Equity ETF has a 12-month low of $54.92 and a 12-month high of $66.12.
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.
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