Stratos Wealth Partners LTD. Boosts Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Stratos Wealth Partners LTD. boosted its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 71,551 shares of the company’s stock after acquiring an additional 5,108 shares during the period. Stratos Wealth Partners LTD. owned about 0.36% of First Trust Long/Short Equity ETF worth $4,709,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of FTLS. Jane Street Group LLC acquired a new position in shares of First Trust Long/Short Equity ETF in the 3rd quarter valued at $2,329,000. JPMorgan Chase & Co. increased its stake in First Trust Long/Short Equity ETF by 4,148.1% in the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock valued at $26,909,000 after purchasing an additional 413,979 shares during the period. GAMMA Investing LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 26.2% in the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after buying an additional 353 shares during the last quarter. SMART Wealth LLC boosted its stake in shares of First Trust Long/Short Equity ETF by 10.0% during the third quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock worth $1,235,000 after buying an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in shares of First Trust Long/Short Equity ETF by 4.2% during the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock worth $741,000 after buying an additional 474 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.4 %

FTLS opened at $67.90 on Friday. First Trust Long/Short Equity ETF has a 52 week low of $58.35 and a 52 week high of $68.64. The business has a 50 day moving average price of $66.91 and a two-hundred day moving average price of $64.73. The company has a market cap of $1.35 billion, a PE ratio of 19.46 and a beta of 0.62.

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.