Stifel Financial Corp Has $5.17 Million Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Stifel Financial Corp decreased its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,396 shares of the company’s stock after selling 3,683 shares during the period. Stifel Financial Corp owned about 0.41% of First Trust Long/Short Equity ETF worth $5,166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in FTLS. Meadow Creek Wealth Advisors LLC lifted its stake in First Trust Long/Short Equity ETF by 1.7% during 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 last quarter. Moors & Cabot Inc. lifted its position in shares of First Trust Long/Short Equity ETF by 4.6% during 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 last quarter. Prospera Financial Services Inc boosted its stake in First Trust Long/Short Equity ETF by 4.2% in the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after buying an additional 474 shares in the last quarter. Raymond James Trust N.A. boosted its stake in First Trust Long/Short Equity ETF by 2.4% in the third quarter. Raymond James Trust N.A. now owns 20,465 shares of the company’s stock valued at $1,299,000 after buying an additional 477 shares in the last quarter. Finally, NBC Securities Inc. grew its position in 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 acquiring an additional 523 shares during the last quarter.

First Trust Long/Short Equity ETF Trading Up 0.1 %

FTLS stock opened at $66.90 on Friday. The firm has a 50-day moving average price of $65.26 and a 200-day moving average price of $63.55. First Trust Long/Short Equity ETF has a 12 month low of $55.82 and a 12 month high of $67.45. The stock has a market capitalization of $1.33 billion, a P/E ratio of 19.46 and a beta of 0.62.

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.