Tucker Asset Management LLC Acquires 270 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Tucker Asset Management LLC raised its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 45.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 861 shares of the company’s stock after acquiring an additional 270 shares during the quarter. Tucker Asset Management LLC’s holdings in First Trust Long/Short Equity ETF were worth $57,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. DAVENPORT & Co LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 4.2% in the 4th quarter. DAVENPORT & Co LLC now owns 4,778 shares of the company’s stock worth $314,000 after buying an additional 191 shares during the period. Principal Securities Inc. increased its position in First Trust Long/Short Equity ETF by 31.9% during the 4th quarter. Principal Securities Inc. now owns 955 shares of the company’s stock valued at $63,000 after purchasing an additional 231 shares during the period. GAMMA Investing LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after purchasing an additional 353 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of First Trust Long/Short Equity ETF by 4.9% in the 4th quarter. Geneos Wealth Management Inc. now owns 9,076 shares of the company’s stock worth $597,000 after purchasing an additional 422 shares during the period. Finally, Wintrust Investments LLC increased its holdings in First Trust Long/Short Equity ETF by 35.6% during the fourth quarter. Wintrust Investments LLC now owns 1,725 shares of the company’s stock valued at $113,000 after buying an additional 453 shares during the period.

First Trust Long/Short Equity ETF Stock Down 1.0 %

First Trust Long/Short Equity ETF stock opened at $63.47 on Friday. The firm has a market cap of $1.89 billion, a P/E ratio of 24.26 and a beta of 0.50. The business has a fifty day moving average of $66.15 and a two-hundred day moving average of $65.51. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94.

First Trust Long/Short Equity ETF Company 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.