First Trust Long/Short Equity ETF $FTLS Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 40.9% in the fourth quarter, HoldingsChannel reports. The firm owned 50,105 shares of the company’s stock after acquiring an additional 14,532 shares during the period. Global Retirement Partners LLC’s holdings in First Trust Long/Short Equity ETF were worth $3,557,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its stake in First Trust Long/Short Equity ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,417,461 shares of the company’s stock valued at $160,161,000 after purchasing an additional 231,155 shares during the period. Raymond James Financial Inc. boosted its stake in First Trust Long/Short Equity ETF by 45.2% during the 2nd quarter. Raymond James Financial Inc. now owns 673,403 shares of the company’s stock valued at $44,633,000 after purchasing an additional 209,579 shares during the period. Envestnet Asset Management Inc. boosted its stake in First Trust Long/Short Equity ETF by 1.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 588,279 shares of the company’s stock valued at $41,150,000 after purchasing an additional 8,523 shares during the period. Assetmark Inc. boosted its stake in First Trust Long/Short Equity ETF by 728.0% during the 4th quarter. Assetmark Inc. now owns 507,915 shares of the company’s stock valued at $36,057,000 after purchasing an additional 446,569 shares during the period. Finally, Truist Financial Corp boosted its stake in First Trust Long/Short Equity ETF by 10.5% during the 4th quarter. Truist Financial Corp now owns 473,347 shares of the company’s stock valued at $33,603,000 after purchasing an additional 45,071 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.3%

Shares of NYSEARCA:FTLS opened at $74.65 on Friday. The company has a 50 day moving average of $72.04 and a 200-day moving average of $71.47. The firm has a market cap of $2.31 billion, a P/E ratio of 21.59 and a beta of 0.51. First Trust Long/Short Equity ETF has a twelve month low of $64.47 and a twelve month high of $74.79.

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.