First Trust Long/Short Equity ETF $FTLS Shares Acquired by Fiscal Wisdom Wealth Management LLC

Fiscal Wisdom Wealth Management LLC increased its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 142.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,078 shares of the company’s stock after purchasing an additional 8,857 shares during the quarter. First Trust Long/Short Equity ETF makes up approximately 1.0% of Fiscal Wisdom Wealth Management LLC’s holdings, making the stock its 23rd largest holding. Fiscal Wisdom Wealth Management LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,061,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Rossby Financial LCC lifted its holdings in First Trust Long/Short Equity ETF by 25.4% in the 4th quarter. Rossby Financial LCC now owns 869 shares of the company’s stock valued at $62,000 after purchasing an additional 176 shares in the last quarter. HBW Advisory Services LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 2.8% during the first quarter. HBW Advisory Services LLC now owns 6,840 shares of the company’s stock worth $481,000 after buying an additional 186 shares in the last quarter. Hilltop Holdings Inc. grew its holdings in shares of 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 in the last quarter. J.Safra Asset Management Corp raised its position in shares of First Trust Long/Short Equity ETF by 10.2% in the fourth quarter. J.Safra Asset Management Corp now owns 2,557 shares of the company’s stock valued at $182,000 after buying an additional 236 shares during the last quarter. Finally, Sigma Planning Corp lifted its stake 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 valued at $2,702,000 after buying an additional 240 shares during the period.

First Trust Long/Short Equity ETF Stock Performance

Shares of FTLS opened at $74.54 on Friday. First Trust Long/Short Equity ETF has a 1 year low of $65.80 and a 1 year high of $75.14. The company’s 50 day simple moving average is $74.22 and its 200 day simple moving average is $72.33. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 21.59 and a beta of 0.50.

About First Trust Long/Short Equity ETF

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.