Wealthcare Advisory Partners LLC Buys New Shares in First Trust Long/Short Equity ETF $FTLS

Wealthcare Advisory Partners LLC purchased a new stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,192 shares of the company’s stock, valued at approximately $212,000.

A number of other institutional investors have also recently added to or reduced their stakes in FTLS. Matauro LLC boosted its position in shares of First Trust Long/Short Equity ETF by 4.8% in the first quarter. Matauro LLC now owns 4,584 shares of the company’s stock worth $294,000 after buying an additional 211 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of First Trust Long/Short Equity ETF by 6.2% in the first quarter. Strategic Financial Concepts LLC now owns 4,006 shares of the company’s stock worth $257,000 after buying an additional 233 shares during the period. Morey & Quinn Wealth Partners LLC boosted its position in shares of First Trust Long/Short Equity ETF by 6.0% in the first quarter. Morey & Quinn Wealth Partners LLC now owns 4,769 shares of the company’s stock worth $306,000 after buying an additional 269 shares during the period. Stratos Wealth Advisors LLC boosted its position in shares of First Trust Long/Short Equity ETF by 1.1% in the first quarter. Stratos Wealth Advisors LLC now owns 26,034 shares of the company’s stock worth $1,668,000 after buying an additional 282 shares during the period. Finally, SMART Wealth LLC boosted its position in shares of First Trust Long/Short Equity ETF by 1.5% in the first quarter. SMART Wealth LLC now owns 18,909 shares of the company’s stock worth $1,212,000 after buying an additional 285 shares during the period.

First Trust Long/Short Equity ETF Price Performance

Shares of NYSEARCA FTLS opened at $67.94 on Friday. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $70.49. The business has a 50-day moving average of $68.34 and a 200-day moving average of $65.93. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 21.59 and a beta of 0.51.

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.