International Assets Investment Management LLC Has $371,000 Stock Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

International Assets Investment Management LLC lowered its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 98.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,643 shares of the company’s stock after selling 305,059 shares during the period. International Assets Investment Management LLC’s holdings in First Trust Long/Short Equity ETF were worth $371,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FTLS. UMB Bank n.a. acquired a new stake in First Trust Long/Short Equity ETF during the 3rd quarter valued at $35,000. NBC Securities Inc. raised its stake in shares of First Trust Long/Short Equity ETF by 184.2% during the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock worth $51,000 after buying an additional 523 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust Long/Short Equity ETF during the 3rd quarter valued at $75,000. GAMMA Investing LLC increased its holdings in First Trust Long/Short Equity ETF by 26.2% in the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after purchasing an additional 353 shares during the last quarter. Finally, Insigneo Advisory Services LLC acquired a new stake in shares of First Trust Long/Short Equity ETF in the 2nd quarter valued at approximately $203,000.

First Trust Long/Short Equity ETF Price Performance

NYSEARCA FTLS opened at $65.92 on Friday. The firm has a market cap of $1.31 billion, a P/E ratio of 19.46 and a beta of 0.62. The stock’s 50-day moving average is $66.16 and its 200-day moving average is $64.15. First Trust Long/Short Equity ETF has a one year low of $56.93 and a one year high of $67.92.

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.