First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Position Boosted by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC increased its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,752 shares of the company’s stock after purchasing an additional 510 shares during the period. Stratos Wealth Advisors LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,695,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the 3rd quarter valued at approximately $2,329,000. JPMorgan Chase & Co. increased its stake 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 valued at $26,909,000 after purchasing an additional 413,979 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of 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 purchasing an additional 353 shares during the period. SMART Wealth LLC lifted its position in shares of First Trust Long/Short Equity ETF by 10.0% in the 3rd quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock worth $1,235,000 after buying an additional 1,775 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of First Trust Long/Short Equity ETF by 4.2% in the 3rd quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after buying an additional 474 shares during the period.

First Trust Long/Short Equity ETF Stock Up 0.3 %

FTLS opened at $67.66 on Thursday. The company’s 50-day moving average price is $66.87 and its 200 day moving average price is $64.71. First Trust Long/Short Equity ETF has a fifty-two week low of $58.35 and a fifty-two week high of $68.64. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62.

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.