First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Acquired by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. grew its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 245.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,413 shares of the company’s stock after buying an additional 13,079 shares during the period. SRS Capital Advisors Inc. owned 0.09% of First Trust Long/Short Equity ETF worth $1,212,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of FTLS. Comprehensive Financial Planning Inc. PA acquired a new stake in First Trust Long/Short Equity ETF during the fourth quarter worth about $36,000. Blue Trust Inc. acquired a new stake in First Trust Long/Short Equity ETF during the fourth quarter worth about $52,000. US Bancorp DE acquired a new stake in First Trust Long/Short Equity ETF during the fourth quarter worth about $62,000. Principal Securities Inc. increased its position in First Trust Long/Short Equity ETF by 31.9% during the fourth quarter. Principal Securities Inc. now owns 955 shares of the company’s stock worth $63,000 after purchasing an additional 231 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in First Trust Long/Short Equity ETF during the third quarter worth about $75,000.

First Trust Long/Short Equity ETF Trading Up 1.4 %

First Trust Long/Short Equity ETF stock opened at $66.43 on Monday. First Trust Long/Short Equity ETF has a 12-month low of $58.92 and a 12-month high of $69.94. The stock has a market cap of $1.32 billion, a P/E ratio of 19.46 and a beta of 0.62. The company has a 50-day moving average price of $67.03 and a 200 day moving average price of $65.35.

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.