14,073 First Trust Long/Short Equity ETF $FTLS Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC reduced its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 30.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,926 shares of the company’s stock after selling 14,073 shares during the quarter. WealthPLAN Partners LLC’s holdings in First Trust Long/Short Equity ETF were worth $2,448,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its stake in First Trust Long/Short Equity ETF by 0.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 43,603 shares of the company’s stock valued at $3,218,000 after purchasing an additional 145 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of First Trust Long/Short Equity ETF by 14.5% during the 2nd quarter. CoreCap Advisors LLC now owns 1,461 shares of the company’s stock worth $108,000 after purchasing an additional 185 shares during the last quarter. HBW Advisory Services LLC boosted its stake in shares of First Trust Long/Short Equity ETF by 2.8% during the 1st quarter. HBW Advisory Services LLC now owns 6,840 shares of the company’s stock worth $481,000 after purchasing an additional 186 shares during the last quarter. Sigma Planning Corp grew its holdings in shares of First Trust Long/Short Equity ETF by 0.6% during the first quarter. Sigma Planning Corp now owns 38,410 shares of the company’s stock worth $2,702,000 after buying an additional 240 shares in the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 2.8% during the second quarter. Concurrent Investment Advisors LLC now owns 10,013 shares of the company’s stock worth $739,000 after buying an additional 269 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Down 0.3%

Shares of NYSEARCA:FTLS traded down $0.24 during trading on Thursday, reaching $77.28. The stock had a trading volume of 188,909 shares, compared to its average volume of 123,568. The business has a fifty day moving average price of $76.67 and a 200-day moving average price of $74.74. The stock has a market cap of $2.63 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 $68.45 and a fifty-two week high of $78.11.

First Trust Long/Short Equity ETF 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.