First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Reaches New 52-Week High – Here’s What Happened

Posted by Doug Wharley on Apr 29th, 2026

First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $73.34 and last traded at $72.98, with a volume of 13206 shares changing hands. The stock had previously closed at $72.88.

First Trust Long/Short Equity ETF Stock Up 0.5%

The business has a fifty day moving average of $71.06 and a 200 day moving average of $71.01. The firm has a market cap of $2.26 billion, a P/E ratio of 21.59 and a beta of 0.51.

Institutional Investors Weigh In On First Trust Long/Short Equity ETF

Several large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 22.2% during the third quarter. Commonwealth Equity Services LLC now owns 114,314 shares of the company’s stock worth $7,996,000 after buying an additional 20,793 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in First Trust Long/Short Equity ETF by 1.5% during the third quarter. Envestnet Asset Management Inc. now owns 588,279 shares of the company’s stock valued at $41,150,000 after purchasing an additional 8,523 shares during the last quarter. World Equity Group Inc. boosted its position in First Trust Long/Short Equity ETF by 9.8% during the third quarter. World Equity Group Inc. now owns 287,710 shares of the company’s stock valued at $20,125,000 after purchasing an additional 25,744 shares during the last quarter. Center For Asset Management LLC acquired a new stake in shares of First Trust Long/Short Equity ETF in the fourth quarter valued at approximately $2,965,000. Finally, Assetmark Inc. lifted its position in shares of First Trust Long/Short Equity ETF by 728.0% in the fourth quarter. Assetmark Inc. now owns 507,915 shares of the company’s stock valued at $36,057,000 after buying an additional 446,569 shares during the last quarter.

About First Trust Long/Short Equity ETF

(Get Free Report)

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.