Silver Oak Securities Incorporated Has $1.34 Million Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Silver Oak Securities Incorporated grew its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 30.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 23,887 shares of the company’s stock after acquiring an additional 5,533 shares during the quarter. Silver Oak Securities Incorporated’s holdings in First Trust Long/Short Equity ETF were worth $1,344,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. TAP Consulting LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 0.6% during the 4th quarter. TAP Consulting LLC now owns 30,530 shares of the company’s stock worth $1,718,000 after acquiring an additional 186 shares during the period. Bridgeworth LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 2.7% during the 4th quarter. Bridgeworth LLC now owns 9,331 shares of the company’s stock worth $525,000 after acquiring an additional 243 shares during the period. Eudaimonia Partners LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 0.7% during the 3rd quarter. Eudaimonia Partners LLC now owns 39,766 shares of the company’s stock worth $2,114,000 after acquiring an additional 264 shares during the period. Sowell Financial Services LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 0.4% during the 3rd quarter. Sowell Financial Services LLC now owns 62,419 shares of the company’s stock worth $3,318,000 after acquiring an additional 269 shares during the period. Finally, Western Wealth Management LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 8.2% during the 4th quarter. Western Wealth Management LLC now owns 4,116 shares of the company’s stock worth $232,000 after acquiring an additional 312 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.8 %

Shares of First Trust Long/Short Equity ETF stock opened at $60.17 on Monday. The company 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 $60.58 and a 200-day moving average of $57.68. First Trust Long/Short Equity ETF has a 1-year low of $50.79 and a 1-year high of $61.85.

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.