Benjamin F. Edwards & Company Inc. Acquires 1,134 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Benjamin F. Edwards & Company Inc. increased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,995 shares of the company’s stock after acquiring an additional 1,134 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in First Trust Long/Short Equity ETF were worth $1,377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cooper Financial Group grew its stake in shares of First Trust Long/Short Equity ETF by 1.8% in the 2nd quarter. Cooper Financial Group now owns 16,711 shares of the company’s stock worth $1,046,000 after buying an additional 298 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of First Trust Long/Short Equity ETF by 1.0% in the first quarter. Avantax Advisory Services Inc. now owns 37,232 shares of the company’s stock worth $2,296,000 after acquiring an additional 378 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of First Trust Long/Short Equity ETF by 10.5% during the second quarter. Moors & Cabot Inc. now owns 4,986 shares of the company’s stock valued at $312,000 after acquiring an additional 475 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of First Trust Long/Short Equity ETF by 1.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 31,615 shares of the company’s stock worth $1,979,000 after purchasing an additional 550 shares during the last quarter. Finally, TAP Consulting LLC boosted its stake in First Trust Long/Short Equity ETF by 2.2% in the 2nd quarter. TAP Consulting LLC now owns 32,689 shares of the company’s stock worth $2,046,000 after purchasing an additional 710 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Performance

NYSEARCA:FTLS opened at $63.01 on Monday. The firm has a market cap of $1.25 billion, a P/E ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a fifty-two week low of $52.15 and a fifty-two week high of $63.87. The firm has a 50-day simple moving average of $62.58 and a two-hundred day simple moving average of $61.80.

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.