World Investment Advisors Purchases 5,232 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

World Investment Advisors increased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 26.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,078 shares of the company’s stock after acquiring an additional 5,232 shares during the period. World Investment Advisors owned about 0.13% of First Trust Long/Short Equity ETF worth $1,650,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of FTLS. JPMorgan Chase & Co. boosted its stake in First Trust Long/Short Equity ETF by 4,148.1% in the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after purchasing an additional 413,979 shares in the last quarter. World Investment Advisors LLC bought a new stake in First Trust Long/Short Equity ETF during the 3rd quarter worth about $21,644,000. Raymond James Financial Inc. acquired a new stake in First Trust Long/Short Equity ETF in the 4th quarter valued at about $16,769,000. LPL Financial LLC raised its stake in shares of First Trust Long/Short Equity ETF by 11.4% in the fourth quarter. LPL Financial LLC now owns 1,907,555 shares of the company’s stock worth $125,536,000 after acquiring an additional 194,659 shares during the last quarter. Finally, Ethos Financial Group LLC lifted its position in shares of First Trust Long/Short Equity ETF by 4,297.8% during the fourth quarter. Ethos Financial Group LLC now owns 156,299 shares of the company’s stock worth $10,286,000 after purchasing an additional 152,745 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of First Trust Long/Short Equity ETF stock opened at $60.93 on Friday. The firm has a 50 day simple moving average of $65.69 and a 200 day simple moving average of $65.54. First Trust Long/Short Equity ETF has a fifty-two week low of $58.92 and a fifty-two week high of $69.94. The firm has a market cap of $1.81 billion, a P/E ratio of 24.26 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.