First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Purchased by PFG Advisors

PFG Advisors increased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 135.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,412 shares of the company’s stock after acquiring an additional 8,854 shares during the period. PFG Advisors owned approximately 0.08% of First Trust Long/Short Equity ETF worth $1,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in First Trust Long/Short Equity ETF during the third quarter worth $2,329,000. JPMorgan Chase & Co. grew its holdings in First Trust Long/Short Equity ETF by 4,148.1% during the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after acquiring an additional 413,979 shares during the period. GAMMA Investing LLC grew its holdings in First Trust Long/Short Equity ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after acquiring an additional 353 shares during the period. SMART Wealth LLC grew its holdings in First Trust Long/Short Equity ETF by 10.0% during the third quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock worth $1,235,000 after acquiring an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc boosted its position in First Trust Long/Short Equity ETF by 4.2% during the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock worth $741,000 after purchasing an additional 474 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Performance

FTLS opened at $63.42 on Friday. The business’s fifty day moving average is $66.74 and its two-hundred day moving average is $65.40. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 24.12 and a beta of 0.50. First Trust Long/Short Equity ETF has a one year low of $58.92 and a one year high of $69.94.

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.