Kingswood Wealth Advisors LLC Has $4.50 Million Stock Position in First Trust Long/Short Equity ETF $FTLS

Kingswood Wealth Advisors LLC raised its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,929 shares of the company’s stock after buying an additional 5,100 shares during the period. Kingswood Wealth Advisors LLC owned 0.23% of First Trust Long/Short Equity ETF worth $4,502,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Matauro LLC raised its position in shares of First Trust Long/Short Equity ETF by 4.8% during the first quarter. Matauro LLC now owns 4,584 shares of the company’s stock valued at $294,000 after buying an additional 211 shares during the last quarter. Strategic Financial Concepts LLC grew its position in First Trust Long/Short Equity ETF by 6.2% during the first quarter. Strategic Financial Concepts LLC now owns 4,006 shares of the company’s stock worth $257,000 after buying an additional 233 shares in the last quarter. Morey & Quinn Wealth Partners LLC increased its stake in First Trust Long/Short Equity ETF by 6.0% during the first quarter. Morey & Quinn Wealth Partners LLC now owns 4,769 shares of the company’s stock valued at $306,000 after acquiring an additional 269 shares during the period. Stratos Wealth Advisors LLC raised its holdings in First Trust Long/Short Equity ETF by 1.1% in the 1st quarter. Stratos Wealth Advisors LLC now owns 26,034 shares of the company’s stock valued at $1,668,000 after acquiring an additional 282 shares in the last quarter. Finally, SMART Wealth LLC lifted its position in shares of First Trust Long/Short Equity ETF by 1.5% in the 1st quarter. SMART Wealth LLC now owns 18,909 shares of the company’s stock worth $1,212,000 after acquiring an additional 285 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.1%

Shares of NYSEARCA:FTLS opened at $70.06 on Tuesday. The firm has a market capitalization of $2.01 billion, a PE ratio of 21.59 and a beta of 0.51. First Trust Long/Short Equity ETF has a 1-year low of $58.90 and a 1-year high of $70.49. The business’s 50 day moving average is $68.13 and its 200-day moving average is $65.82.

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.