CENTRAL TRUST Co Makes New $36.23 Million Investment in First Trust Long/Short Equity ETF $FTLS

CENTRAL TRUST Co acquired a new stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 472,435 shares of the company’s stock, valued at approximately $36,231,000. CENTRAL TRUST Co owned approximately 1.37% of First Trust Long/Short Equity ETF at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in FTLS. Integrated Wealth Concepts LLC raised its holdings in First Trust Long/Short Equity ETF by 0.3% in the second quarter. Integrated Wealth Concepts LLC now owns 43,603 shares of the company’s stock worth $3,218,000 after purchasing an additional 145 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 14.5% in the 2nd quarter. CoreCap Advisors LLC now owns 1,461 shares of the company’s stock valued at $108,000 after buying an additional 185 shares in the last quarter. HBW Advisory Services LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 2.8% in the 1st quarter. HBW Advisory Services LLC now owns 6,840 shares of the company’s stock valued at $481,000 after buying an additional 186 shares in the last quarter. Sigma Planning Corp boosted its holdings in shares of First Trust Long/Short Equity ETF by 0.6% in the 1st quarter. Sigma Planning Corp now owns 38,410 shares of the company’s stock valued at $2,702,000 after buying an additional 240 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 2.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 10,013 shares of the company’s stock valued at $739,000 after buying an additional 269 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.9%

Shares of First Trust Long/Short Equity ETF stock opened at $75.68 on Thursday. The firm’s 50 day moving average price is $76.72 and its 200-day moving average price is $74.08. First Trust Long/Short Equity ETF has a 52-week low of $69.21 and a 52-week high of $78.11. The company has a market cap of $2.61 billion, a P/E ratio of 24.12 and a beta of 0.49.

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.