StoneX Group Inc. lifted its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,900 shares of the company’s stock after buying an additional 773 shares during the period. StoneX Group Inc. owned approximately 0.05% of First Trust Long/Short Equity ETF worth $717,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Long/Short Equity ETF during the 4th quarter worth $34,000. Comprehensive Financial Planning Inc. PA bought a new stake in First Trust Long/Short Equity ETF during the fourth quarter worth about $36,000. Blue Trust Inc. acquired a new stake in First Trust Long/Short Equity ETF during the fourth quarter worth about $52,000. Tucker Asset Management LLC increased its holdings in First Trust Long/Short Equity ETF by 45.7% in the 4th quarter. Tucker Asset Management LLC now owns 861 shares of the company’s stock valued at $57,000 after buying an additional 270 shares during the period. Finally, US Bancorp DE acquired a new position in shares of First Trust Long/Short Equity ETF in the 4th quarter valued at approximately $62,000.
First Trust Long/Short Equity ETF Stock Performance
NYSEARCA FTLS opened at $64.01 on Thursday. The firm’s 50 day simple moving average is $65.94 and its 200 day simple moving average is $65.55. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 24.26 and a beta of 0.50. First Trust Long/Short Equity ETF has a 1 year low of $58.92 and a 1 year high of $69.94.
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.
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