First Trust Long/Short Equity ETF $FTLS Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 330.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,760 shares of the company’s stock after buying an additional 12,099 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Long/Short Equity ETF were worth $1,209,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC purchased a new stake in shares of First Trust Long/Short Equity ETF during the first quarter worth about $75,000. Coppell Advisory Solutions LLC purchased a new stake in shares of First Trust Long/Short Equity ETF during the 2nd quarter valued at about $107,000. CoreCap Advisors LLC raised its holdings in First Trust Long/Short Equity ETF by 14.5% during 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 during the period. Compass Financial Management LLC purchased a new stake in First Trust Long/Short Equity ETF during the 2nd quarter valued at $112,000. Finally, Bessemer Group Inc. bought a new stake in First Trust Long/Short Equity ETF in the first quarter worth $181,000.

First Trust Long/Short Equity ETF Stock Up 0.2%

Shares of FTLS opened at $76.24 on Thursday. The business has a fifty day moving average of $76.89 and a 200 day moving average of $73.99. The company has a market cap of $2.63 billion, a PE ratio of 21.59 and a beta of 0.49. First Trust Long/Short Equity ETF has a 52-week low of $69.21 and a 52-week high of $78.11.

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.