33,985 Shares of First Trust Long/Short Equity ETF $FTLS Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC acquired a new stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 33,985 shares of the company’s stock, valued at approximately $2,606,000. First Trust Long/Short Equity ETF comprises 1.4% of Collaborative Fund Advisors LLC’s holdings, making the stock its 11th biggest position. Collaborative Fund Advisors LLC owned approximately 0.10% of First Trust Long/Short Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of FTLS. Cassaday & Co Wealth Management LLC acquired a new stake in shares of First Trust Long/Short Equity ETF during the first quarter worth about $75,000. CoreCap Advisors LLC increased its position in First Trust Long/Short Equity ETF by 14.5% in the 2nd quarter. CoreCap Advisors LLC now owns 1,461 shares of the company’s stock valued at $108,000 after acquiring an additional 185 shares during the period. Compass Financial Management LLC acquired a new position in First Trust Long/Short Equity ETF in the 2nd quarter valued at about $112,000. Signature Equity Partners LLC purchased a new stake in First Trust Long/Short Equity ETF during the 3rd quarter valued at approximately $173,000. Finally, Bessemer Group Inc. purchased a new stake in First Trust Long/Short Equity ETF during the 1st quarter valued at approximately $181,000.

First Trust Long/Short Equity ETF Trading Up 0.2%

Shares of FTLS stock opened at $76.24 on Thursday. The business’s 50 day moving average is $76.89 and its two-hundred day moving average is $73.99. First Trust Long/Short Equity ETF has a twelve month low of $69.21 and a twelve month high of $78.11. The company has a market capitalization of $2.63 billion, a P/E ratio of 21.59 and a beta of 0.49.

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.