Cerity Partners LLC raised its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 8.6% in the third quarter, HoldingsChannel reports. The firm owned 80,561 shares of the company’s stock after buying an additional 6,403 shares during the quarter. Cerity Partners LLC’s holdings in First Trust Long/Short Equity ETF were worth $5,113,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC boosted its stake in shares of First Trust Long/Short Equity ETF by 9.7% during the 3rd quarter. LPL Financial LLC now owns 1,712,896 shares of the company’s stock valued at $108,718,000 after purchasing an additional 150,887 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in First Trust Long/Short Equity ETF by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 522,659 shares of the company’s stock worth $32,713,000 after buying an additional 19,922 shares during the period. Truist Financial Corp boosted its position in First Trust Long/Short Equity ETF by 3.2% during the 2nd quarter. Truist Financial Corp now owns 392,377 shares of the company’s stock valued at $24,559,000 after acquiring an additional 12,107 shares in the last quarter. Private Advisor Group LLC boosted its position in First Trust Long/Short Equity ETF by 8.0% during the 3rd quarter. Private Advisor Group LLC now owns 338,033 shares of the company’s stock valued at $21,455,000 after acquiring an additional 25,151 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust Long/Short Equity ETF by 11.8% during the 2nd quarter. Cetera Investment Advisers now owns 316,306 shares of the company’s stock worth $19,798,000 after acquiring an additional 33,263 shares during the period.
First Trust Long/Short Equity ETF Stock Down 0.3 %
FTLS opened at $65.99 on Friday. The stock has a market cap of $1.31 billion, a PE ratio of 19.46 and a beta of 0.62. The business has a 50 day moving average of $64.41 and a 200-day moving average of $63.07. First Trust Long/Short Equity ETF has a 52 week low of $54.92 and a 52 week high of $66.17.
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.
Further Reading
- Five stocks we like better than First Trust Long/Short Equity ETF
- What Are Growth Stocks and Investing in Them
- Eli Lilly, Pfizer, and AstraZeneca: 2025 Vaccine Makers to Watch
- What does consumer price index measure?
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
Want to see what other hedge funds are holding FTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report).
Receive News & Ratings for First Trust Long/Short Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Long/Short Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
