33,660 First Trust Long/Short Equity ETF $FTLS Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC increased its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 60.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,007 shares of the company’s stock after buying an additional 33,660 shares during the period. Simplicity Wealth LLC owned about 0.26% of First Trust Long/Short Equity ETF worth $6,826,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of First Trust Long/Short Equity ETF by 2.2% during the first quarter. Royal Bank of Canada now owns 2,606,322 shares of the company’s stock valued at $183,381,000 after acquiring an additional 57,245 shares in the last quarter. Cetera Investment Advisers boosted its holdings in First Trust Long/Short Equity ETF by 5.7% in the first quarter. Cetera Investment Advisers now owns 583,922 shares of the company’s stock valued at $41,085,000 after purchasing an additional 31,515 shares during the last quarter. Assetmark Inc. boosted its holdings 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 valued at $39,066,000 after purchasing an additional 47,314 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in First Trust Long/Short Equity ETF by 8.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 235,621 shares of the company’s stock valued at $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% during the 2nd quarter. Hobart Private Capital LLC now owns 217,929 shares of the company’s stock valued at $16,083,000 after purchasing an additional 14,097 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.1%

FTLS stock opened at $76.68 on Friday. First Trust Long/Short Equity ETF has a 52-week low of $69.21 and a 52-week high of $78.11. The stock’s 50 day moving average is $76.82 and its two-hundred day moving average is $75.05. The company has a market capitalization of $2.62 billion, a PE ratio of 21.59 and a beta of 0.50.

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.