First Trust Long/Short Equity ETF $FTLS Shares Bought by Advisor OS LLC

Advisor OS LLC raised its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 46.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 26,126 shares of the company’s stock after purchasing an additional 8,344 shares during the period. Advisor OS LLC owned 0.09% of First Trust Long/Short Equity ETF worth $1,828,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. lifted its holdings in First Trust Long/Short Equity ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,417,461 shares of the company’s stock worth $160,161,000 after buying an additional 231,155 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of First Trust Long/Short Equity ETF by 45.2% in the 2nd quarter. Raymond James Financial Inc. now owns 673,403 shares of the company’s stock valued at $44,633,000 after acquiring an additional 209,579 shares during the last quarter. Merit Financial Group LLC raised its position in shares of First Trust Long/Short Equity ETF by 207.6% during the 3rd quarter. Merit Financial Group LLC now owns 94,453 shares of the company’s stock valued at $6,607,000 after acquiring an additional 63,746 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust Long/Short Equity ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 579,756 shares of the company’s stock worth $38,426,000 after purchasing an additional 45,680 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in First Trust Long/Short Equity ETF by 66.6% during the third quarter. Kingswood Wealth Advisors LLC now owns 113,163 shares of the company’s stock worth $7,916,000 after purchasing an additional 45,234 shares during the last quarter.

First Trust Long/Short Equity ETF Price Performance

FTLS stock opened at $71.78 on Thursday. The firm has a fifty day moving average price of $71.30 and a two-hundred day moving average price of $70.22. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $72.39. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48.

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.