Parcion Private Wealth LLC Has $842,000 Stock Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Parcion Private Wealth LLC increased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 127.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,791 shares of the company’s stock after purchasing an additional 7,167 shares during the period. Parcion Private Wealth LLC owned approximately 0.06% of First Trust Long/Short Equity ETF worth $842,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Concurrent Investment Advisors LLC grew its stake in First Trust Long/Short Equity ETF by 3.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 21,347 shares of the company’s stock worth $1,405,000 after purchasing an additional 723 shares during the period. Proactive Wealth Strategies LLC grew its stake in First Trust Long/Short Equity ETF by 10.9% in the fourth quarter. Proactive Wealth Strategies LLC now owns 77,474 shares of the company’s stock valued at $5,099,000 after acquiring an additional 7,592 shares during the period. Philip James Wealth Mangement LLC grew its stake in First Trust Long/Short Equity ETF by 0.7% in the fourth quarter. Philip James Wealth Mangement LLC now owns 120,944 shares of the company’s stock valued at $7,959,000 after acquiring an additional 782 shares during the period. Pure Portfolios Holdings LLC acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at approximately $256,000. Finally, Strategic Financial Concepts LLC acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter valued at approximately $248,000.

First Trust Long/Short Equity ETF Stock Up 0.2 %

FTLS stock opened at $67.99 on Thursday. First Trust Long/Short Equity ETF has a twelve month low of $58.35 and a twelve month high of $69.94. The stock’s 50 day moving average is $67.06 and its 200-day moving average is $65.08. The firm has a market capitalization of $1.35 billion, a PE ratio of 19.46 and a beta of 0.62.

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.