Jane Street Group LLC Acquires New Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Jane Street Group LLC acquired a new stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,687 shares of the company’s stock, valued at approximately $2,329,000.

Other large investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in First Trust Long/Short Equity ETF by 11.8% during the second quarter. Cetera Investment Advisers now owns 316,306 shares of the company’s stock valued at $19,798,000 after acquiring an additional 33,263 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 44.2% during the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock worth $160,000 after acquiring an additional 785 shares in the last quarter. Prospera Financial Services Inc boosted its position in shares of First Trust Long/Short Equity ETF by 4.2% during the 3rd quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after acquiring an additional 474 shares during the last quarter. Legacy Capital Wealth Partners LLC purchased a new position in shares of First Trust Long/Short Equity ETF in the second quarter valued at $718,000. Finally, OLD National Bancorp IN raised its stake in First Trust Long/Short Equity ETF by 24.7% during the third quarter. OLD National Bancorp IN now owns 33,806 shares of the company’s stock valued at $2,146,000 after purchasing an additional 6,704 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.4 %

FTLS stock opened at $66.16 on Monday. The company has a fifty day simple moving average of $65.54 and a two-hundred day simple moving average of $63.75. First Trust Long/Short Equity ETF has a 52 week low of $55.82 and a 52 week high of $67.69. The firm has a market capitalization of $1.31 billion, a P/E 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.