First Trust Long/Short Equity ETF $FTLS Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC raised its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 60.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 89,007 shares of the company’s stock after purchasing an additional 33,660 shares during the period. Simplicity Wealth LLC’s holdings in First Trust Long/Short Equity ETF were worth $6,826,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FTLS. Royal Bank of Canada raised its stake in shares of First Trust Long/Short Equity ETF by 2.2% in the 1st quarter. Royal Bank of Canada now owns 2,606,322 shares of the company’s stock valued at $183,381,000 after purchasing an additional 57,245 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of First Trust Long/Short Equity ETF by 5.7% during the first quarter. Cetera Investment Advisers now owns 583,922 shares of the company’s stock worth $41,085,000 after purchasing an additional 31,515 shares during the last quarter. Assetmark Inc. grew its stake in First Trust Long/Short Equity ETF by 9.3% in the first quarter. Assetmark Inc. now owns 555,229 shares of the company’s stock worth $39,066,000 after purchasing an additional 47,314 shares in the last quarter. Cornerstone Planning Group LLC grew its stake in First Trust Long/Short Equity ETF by 8.3% in the first quarter. Cornerstone Planning Group LLC now owns 235,621 shares of the company’s stock worth $17,408,000 after purchasing an additional 18,044 shares in the last quarter. Finally, Hobart Private Capital LLC grew its stake in First Trust Long/Short Equity ETF by 6.9% in the second quarter. Hobart Private Capital LLC now owns 217,929 shares of the company’s stock worth $16,083,000 after purchasing an additional 14,097 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.1%

Shares of First Trust Long/Short Equity ETF stock opened at $76.68 on Friday. The firm has a market cap of $2.62 billion, a P/E ratio of 21.59 and a beta of 0.50. First Trust Long/Short Equity ETF has a fifty-two week low of $69.21 and a fifty-two week high of $78.11. The business has a 50-day moving average price of $76.82 and a 200 day moving average price of $75.05.

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.