Eudaimonia Advisors LLC Buys 1,182 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Eudaimonia Advisors LLC boosted its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,569 shares of the company’s stock after buying an additional 1,182 shares during the quarter. First Trust Long/Short Equity ETF makes up 1.4% of Eudaimonia Advisors LLC’s portfolio, making the stock its 14th largest position. Eudaimonia Advisors LLC owned 0.29% of First Trust Long/Short Equity ETF worth $2,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTLS. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of First Trust Long/Short Equity ETF by 155.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 16,733 shares of the company’s stock valued at $941,000 after buying an additional 10,174 shares in the last quarter. Sweet Financial Partners LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 2.7% during the 3rd quarter. Sweet Financial Partners LLC now owns 178,820 shares of the company’s stock valued at $9,504,000 after purchasing an additional 4,652 shares during the last quarter. Silver Oak Securities Incorporated purchased a new stake in shares of First Trust Long/Short Equity ETF during the 3rd quarter valued at $976,000. Cardinal Point Capital Management ULC lifted its holdings in shares of First Trust Long/Short Equity ETF by 3.2% during the 4th quarter. Cardinal Point Capital Management ULC now owns 91,799 shares of the company’s stock valued at $5,165,000 after purchasing an additional 2,883 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 6.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 85,457 shares of the company’s stock valued at $4,542,000 after purchasing an additional 5,350 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Performance

Shares of NYSEARCA FTLS traded up $0.51 during mid-day trading on Tuesday, hitting $60.21. The stock had a trading volume of 133,809 shares, compared to its average volume of 132,180. First Trust Long/Short Equity ETF has a twelve month low of $50.74 and a twelve month high of $61.85. The firm has a market cap of $1.12 billion, a PE ratio of 18.96 and a beta of 0.59. The company has a 50 day moving average of $60.53 and a two-hundred day moving average of $57.49.

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.