RFG Advisory LLC grew its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 32.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 101,273 shares of the company’s stock after buying an additional 24,861 shares during the quarter. RFG Advisory LLC owned 0.31% of First Trust Long/Short Equity ETF worth $7,474,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of First Trust Long/Short Equity ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 2,397,528 shares of the company’s stock worth $170,200,000 after acquiring an additional 149,648 shares during the period. Entelevest LLC acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at about $889,000. Hyundai Investments Co. Ltd. acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at about $512,000. Independent Financial Group LLC purchased a new stake in First Trust Long/Short Equity ETF in the 1st quarter valued at approximately $1,270,000. Finally, Concorde Asset Management LLC boosted its holdings in First Trust Long/Short Equity ETF by 64.6% in the 4th quarter. Concorde Asset Management LLC now owns 19,116 shares of the company’s stock valued at $1,357,000 after purchasing an additional 7,500 shares in the last quarter.
First Trust Long/Short Equity ETF Trading Down 0.5%
NYSEARCA FTLS opened at $76.42 on Wednesday. The business’s 50 day moving average is $75.46 and its two-hundred day moving average is $73.54. First Trust Long/Short Equity ETF has a 12-month low of $67.84 and a 12-month high of $77.52. The stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 21.59 and a beta of 0.50.
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.
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