7,157 Shares in First Trust Long/Short Equity ETF $FTLS Bought by Hyundai Investments Co. Ltd.

Hyundai Investments Co. Ltd. bought a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the fourth quarter, Holdings Channel.com reports. The fund bought 7,157 shares of the company’s stock, valued at approximately $512,000.

A number of other hedge funds have also bought and sold shares of the company. Rossby Financial LCC raised its stake in First Trust Long/Short Equity ETF by 25.4% during the fourth quarter. Rossby Financial LCC now owns 869 shares of the company’s stock worth $62,000 after buying an additional 176 shares during the last quarter. Hilltop Holdings Inc. raised its stake in First Trust Long/Short Equity ETF by 2.6% during the third quarter. Hilltop Holdings Inc. now owns 7,855 shares of the company’s stock worth $549,000 after buying an additional 196 shares during the last quarter. J.Safra Asset Management Corp raised its stake in First Trust Long/Short Equity ETF by 10.2% during the fourth quarter. J.Safra Asset Management Corp now owns 2,557 shares of the company’s stock worth $182,000 after buying an additional 236 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in First Trust Long/Short Equity ETF by 2.0% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 13,303 shares of the company’s stock worth $944,000 after buying an additional 259 shares during the last quarter. Finally, Revisor Wealth Management LLC raised its stake in First Trust Long/Short Equity ETF by 2.8% during the fourth quarter. Revisor Wealth Management LLC now owns 9,686 shares of the company’s stock worth $690,000 after buying an additional 265 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.9%

Shares of NYSEARCA FTLS opened at $74.73 on Tuesday. First Trust Long/Short Equity ETF has a twelve month low of $64.63 and a twelve month high of $75.06. The firm has a fifty day simple moving average of $73.43 and a 200 day simple moving average of $71.85. The company has a market capitalization of $2.31 billion, a PE ratio of 21.59 and a beta of 0.50.

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.