Benjamin Edwards Inc. Has $1.46 Million Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Benjamin Edwards Inc. lifted its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8,803.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,059 shares of the company’s stock after buying an additional 22,800 shares during the quarter. Benjamin Edwards Inc. owned about 0.12% of First Trust Long/Short Equity ETF worth $1,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. acquired a new stake in First Trust Long/Short Equity ETF in the third quarter worth $35,000. NBC Securities Inc. grew its stake in shares of First Trust Long/Short Equity ETF by 184.2% in the 3rd quarter. NBC Securities Inc. now owns 807 shares of the company’s stock valued at $51,000 after buying an additional 523 shares during the period. GAMMA Investing LLC acquired a new stake in shares of First Trust Long/Short Equity ETF in the 2nd quarter valued at about $84,000. Larson Financial Group LLC increased its position in First Trust Long/Short Equity ETF by 44.2% in the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock valued at $160,000 after buying an additional 785 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new position in First Trust Long/Short Equity ETF during the 2nd quarter worth approximately $203,000.

First Trust Long/Short Equity ETF Stock Performance

Shares of First Trust Long/Short Equity ETF stock opened at $66.92 on Friday. The stock has a market capitalization of $1.33 billion, a PE ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 52 week low of $55.40 and a 52 week high of $67.27. The stock has a 50 day moving average price of $64.81 and a two-hundred day moving average price of $63.28.

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.