First Trust Long/Short Equity ETF (NYSEARCA:FTLS) is EdgeRock Capital LLC’s 5th Largest Position

EdgeRock Capital LLC raised its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 10.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,735 shares of the company’s stock after acquiring an additional 10,183 shares during the quarter. First Trust Long/Short Equity ETF makes up 4.6% of EdgeRock Capital LLC’s investment portfolio, making the stock its 5th largest position. EdgeRock Capital LLC owned 0.53% of First Trust Long/Short Equity ETF worth $6,958,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc increased its stake in shares of First Trust Long/Short Equity ETF by 15.3% during the fourth quarter. IFP Advisors Inc now owns 24,217 shares of the company’s stock valued at $1,594,000 after buying an additional 3,210 shares during the period. World Equity Group Inc. boosted its holdings in First Trust Long/Short Equity ETF by 51.3% in the fourth quarter. World Equity Group Inc. now owns 216,628 shares of the company’s stock valued at $14,256,000 after acquiring an additional 73,426 shares in the last quarter. Sigma Planning Corp increased its position in First Trust Long/Short Equity ETF by 38.4% during the 4th quarter. Sigma Planning Corp now owns 64,700 shares of the company’s stock valued at $4,258,000 after purchasing an additional 17,963 shares during the period. Matauro LLC bought a new position in First Trust Long/Short Equity ETF in the 4th quarter worth $288,000. Finally, Parcion Private Wealth LLC lifted its position in shares of First Trust Long/Short Equity ETF by 127.4% in the 4th quarter. Parcion Private Wealth LLC now owns 12,791 shares of the company’s stock worth $842,000 after purchasing an additional 7,167 shares during the period.

First Trust Long/Short Equity ETF Price Performance

Shares of NYSEARCA FTLS opened at $66.32 on Tuesday. First Trust Long/Short Equity ETF has a 1 year low of $58.92 and a 1 year high of $69.94. The stock has a market capitalization of $1.32 billion, a P/E ratio of 19.46 and a beta of 0.62. The company’s 50-day moving average is $67.05 and its 200 day moving average is $65.23.

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.