First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Acquired by Centric Wealth Management

Centric Wealth Management grew its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,642 shares of the company’s stock after buying an additional 248 shares during the period. First Trust Long/Short Equity ETF makes up 2.2% of Centric Wealth Management’s portfolio, making the stock its 8th biggest position. Centric Wealth Management’s holdings in First Trust Long/Short Equity ETF were worth $8,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of FTLS. UMB Bank n.a. acquired a new position in shares of First Trust Long/Short Equity ETF in the 3rd quarter valued at $35,000. NBC Securities Inc. increased its holdings in shares of First Trust Long/Short Equity ETF by 184.2% in the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock worth $51,000 after acquiring an additional 523 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of First Trust Long/Short Equity ETF during the second quarter worth about $84,000. Larson Financial Group LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 44.2% during the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock valued at $160,000 after purchasing an additional 785 shares in the last quarter. Finally, Insigneo Advisory Services LLC acquired a new position in shares of First Trust Long/Short Equity ETF in the 2nd quarter valued at approximately $203,000.

First Trust Long/Short Equity ETF Stock Performance

NYSEARCA FTLS opened at $65.99 on Friday. First Trust Long/Short Equity ETF has a 52-week low of $54.92 and a 52-week high of $66.17. The business has a 50 day simple moving average of $64.46 and a 200 day simple moving average of $63.09. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF 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.