First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. grew its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,214 shares of the company’s stock after acquiring an additional 228 shares during the period. Moors & Cabot Inc.’s holdings in First Trust Long/Short Equity ETF were worth $331,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FTLS. Prospera Financial Services Inc increased its position in First Trust Long/Short Equity ETF by 4.2% in the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock worth $741,000 after buying an additional 474 shares during the period. Amara Financial LLC. acquired a new position in shares of First Trust Long/Short Equity ETF during the 3rd quarter valued at $343,000. Signature Estate & Investment Advisors LLC grew its holdings in First Trust Long/Short Equity ETF by 3.0% during the third quarter. Signature Estate & Investment Advisors LLC now owns 23,605 shares of the company’s stock worth $1,498,000 after acquiring an additional 689 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of First Trust Long/Short Equity ETF by 15.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 28,932 shares of the company’s stock worth $1,836,000 after purchasing an additional 3,885 shares during the last quarter. Finally, Cornerstone Planning Group LLC lifted its position in shares of First Trust Long/Short Equity ETF by 6.1% during the 3rd quarter. Cornerstone Planning Group LLC now owns 183,648 shares of the company’s stock valued at $11,785,000 after acquiring an additional 10,609 shares during the last quarter.

First Trust Long/Short Equity ETF Trading Up 0.1 %

Shares of FTLS stock opened at $65.63 on Friday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. The stock’s fifty day simple moving average is $64.23 and its 200-day simple moving average is $62.95. First Trust Long/Short Equity ETF has a 1-year low of $54.92 and a 1-year high of $66.12.

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.