20,721 Shares in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 20,721 shares of the company’s stock, valued at approximately $1,364,000. U.S. Capital Wealth Advisors LLC owned approximately 0.10% of First Trust Long/Short Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. UMB Bank n.a. acquired a new position in shares of First Trust Long/Short Equity ETF in the third quarter valued at approximately $35,000. NBC Securities Inc. boosted its holdings in shares of First Trust Long/Short Equity ETF by 184.2% in the third 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. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Long/Short Equity ETF in the third quarter valued at approximately $75,000. GAMMA Investing LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 26.2% in the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after purchasing an additional 353 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 4.2% in the fourth quarter. DAVENPORT & Co LLC now owns 4,778 shares of the company’s stock valued at $314,000 after purchasing an additional 191 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of First Trust Long/Short Equity ETF stock opened at $67.49 on Wednesday. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. The stock’s 50-day moving average is $66.83 and its 200-day moving average is $64.69. First Trust Long/Short Equity ETF has a one year low of $58.25 and a one year high of $68.64.

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.