Comprehensive Financial Planning Inc. PA Invests $36,000 in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Comprehensive Financial Planning Inc. PA acquired a new stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 547 shares of the company’s stock, valued at approximately $36,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Meadow Creek Wealth Advisors LLC boosted its position in shares of First Trust Long/Short Equity ETF by 1.7% in the third quarter. Meadow Creek Wealth Advisors LLC now owns 9,699 shares of the company’s stock worth $616,000 after purchasing an additional 165 shares during the period. DAVENPORT & Co LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 4.2% during the 4th quarter. DAVENPORT & Co LLC now owns 4,778 shares of the company’s stock valued at $314,000 after buying an additional 191 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in First Trust Long/Short Equity ETF by 4.6% in the 3rd quarter. Moors & Cabot Inc. now owns 5,214 shares of the company’s stock worth $331,000 after buying an additional 228 shares during the period. GAMMA Investing LLC increased its stake in First Trust Long/Short Equity ETF by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after buying an additional 353 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in First Trust Long/Short Equity ETF by 4.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 9,076 shares of the company’s stock valued at $597,000 after acquiring an additional 422 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.0 %

Shares of FTLS opened at $67.53 on Tuesday. The business’s 50 day moving average is $66.95 and its 200 day moving average is $64.83. First Trust Long/Short Equity ETF has a 12-month low of $58.35 and a 12-month high of $69.94. The company has a market capitalization of $1.34 billion, a PE ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF 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.