Cooper Financial Group Sells 747 Shares of First Trust Long/Short Equity ETF $FTLS

Cooper Financial Group trimmed its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 17,682 shares of the company’s stock after selling 747 shares during the quarter. Cooper Financial Group’s holdings in First Trust Long/Short Equity ETF were worth $1,172,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Rossby Financial LCC bought a new stake in shares of First Trust Long/Short Equity ETF in the first quarter worth about $30,000. Jones Financial Companies Lllp increased its holdings in shares of First Trust Long/Short Equity ETF by 1,462.5% in the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 468 shares during the last quarter. Lord & Richards Wealth Management LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the first quarter worth about $31,000. Farther Finance Advisors LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 456.0% in the second quarter. Farther Finance Advisors LLC now owns 467 shares of the company’s stock worth $31,000 after purchasing an additional 383 shares during the last quarter. Finally, CX Institutional bought a new stake in shares of First Trust Long/Short Equity ETF in the first quarter worth about $41,000.

First Trust Long/Short Equity ETF Price Performance

Shares of NYSEARCA FTLS opened at $69.95 on Wednesday. The business’s 50 day moving average is $67.86 and its two-hundred day moving average is $65.64. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $70.07. The stock has a market capitalization of $2.03 billion, a P/E ratio of 21.59 and a beta of 0.51.

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.