WealthPLAN Partners LLC Reduces Stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)


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WealthPLAN Partners LLC lowered its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 9.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 465,346 shares of the company’s stock after selling 49,571 shares during the period. First Trust Long/Short Equity ETF makes up about 1.8% of WealthPLAN Partners LLC’s holdings, making the stock its 13th biggest position. WealthPLAN Partners LLC owned about 6.65% of First Trust Long/Short Equity ETF worth $21,275,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of FTLS. Advisors Preferred LLC raised its position in shares of First Trust Long/Short Equity ETF by 121.4% in the third quarter. Advisors Preferred LLC now owns 4,204 shares of the company’s stock valued at $179,000 after purchasing an additional 2,305 shares during the period. Wesbanco Bank Inc. bought a new stake in shares of First Trust Long/Short Equity ETF in the third quarter valued at approximately $213,000. Jaffetilchin Investment Partners LLC raised its position in shares of First Trust Long/Short Equity ETF by 37.2% in the third quarter. Jaffetilchin Investment Partners LLC now owns 7,423 shares of the company’s stock valued at $316,000 after purchasing an additional 2,011 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of First Trust Long/Short Equity ETF by 5.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 7,433 shares of the company’s stock valued at $324,000 after purchasing an additional 353 shares during the period. Finally, NEXT Financial Group Inc raised its position in shares of First Trust Long/Short Equity ETF by 279.1% in the fourth quarter. NEXT Financial Group Inc now owns 8,647 shares of the company’s stock valued at $377,000 after purchasing an additional 6,366 shares during the period.

First Trust Long/Short Equity ETF stock traded down $0.39 during midday trading on Tuesday, reaching $46.02. 18 shares of the stock were exchanged, compared to its average volume of 32,522. The company’s fifty day moving average is $45.60 and its 200-day moving average is $43.79. First Trust Long/Short Equity ETF has a 52 week low of $34.82 and a 52 week high of $47.02.

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Institutional Ownership by Quarter for First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

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