First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Stock Holdings Cut by Owen LaRue LLC

Owen LaRue LLC lessened its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 17.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 27,216 shares of the company’s stock after selling 5,729 shares during the period. First Trust Long/Short Equity ETF comprises about 0.9% of Owen LaRue LLC’s portfolio, making the stock its 28th largest holding. Owen LaRue LLC owned 0.14% of First Trust Long/Short Equity ETF worth $1,791,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Capital Analysts LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 11.8% during the fourth quarter. Capital Analysts LLC now owns 4,437 shares of the company’s stock valued at $292,000 after purchasing an additional 470 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in First Trust Long/Short Equity ETF by 532.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 28,778 shares of the company’s stock worth $1,894,000 after purchasing an additional 24,229 shares in the last quarter. Coppell Advisory Solutions LLC increased its stake in First Trust Long/Short Equity ETF by 48.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 16,783 shares of the company’s stock worth $1,114,000 after purchasing an additional 5,485 shares in the last quarter. Harvest Investment Services LLC increased its stake in First Trust Long/Short Equity ETF by 2.4% in the 4th quarter. Harvest Investment Services LLC now owns 11,022 shares of the company’s stock worth $725,000 after purchasing an additional 260 shares in the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in First Trust Long/Short Equity ETF in the 4th quarter worth about $812,000.

First Trust Long/Short Equity ETF Trading Up 0.3 %

Shares of FTLS opened at $63.31 on Tuesday. The business’s 50-day moving average price is $63.68 and its 200 day moving average price is $65.37. The stock has a market capitalization of $1.92 billion, a P/E ratio of 25.00 and a beta of 0.50. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $69.94.

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.