SBI Securities Co. Ltd. Acquires Shares of 517 First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 517 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of First Trust Long/Short Equity ETF during the third quarter valued at about $2,329,000. JPMorgan Chase & Co. increased its position in shares of First Trust Long/Short Equity ETF by 4,148.1% during the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock valued at $26,909,000 after buying an additional 413,979 shares during the period. GAMMA Investing LLC increased its position in shares of First Trust Long/Short Equity ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after buying an additional 353 shares during the period. SMART Wealth LLC increased its position in shares of First Trust Long/Short Equity ETF by 10.0% during the third quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock valued at $1,235,000 after buying an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc increased its position in shares of First Trust Long/Short Equity ETF by 4.2% during the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after buying an additional 474 shares during the period.

First Trust Long/Short Equity ETF Stock Down 0.3 %

Shares of FTLS opened at $63.91 on Wednesday. The business’s 50-day moving average price is $66.81 and its 200-day moving average price is $65.41. The stock has a market cap of $1.88 billion, a PE ratio of 24.12 and a beta of 0.50. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94.

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.