First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. raised its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 17.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,952 shares of the company’s stock after buying an additional 7,978 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.27% of First Trust Long/Short Equity ETF worth $3,377,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FTLS. International Assets Investment Management LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the 4th quarter worth $10,664,000. Western Wealth Management LLC boosted its holdings in First Trust Long/Short Equity ETF by 8.2% during the fourth quarter. Western Wealth Management LLC now owns 4,116 shares of the company’s stock worth $232,000 after buying an additional 312 shares in the last quarter. CWM LLC grew its position in First Trust Long/Short Equity ETF by 94.3% in the fourth quarter. CWM LLC now owns 4,207 shares of the company’s stock worth $237,000 after buying an additional 2,042 shares during the last quarter. Larson Financial Group LLC bought a new position in shares of First Trust Long/Short Equity ETF in the fourth quarter valued at $100,000. Finally, Eudaimonia Advisors LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 3.2% in the fourth quarter. Eudaimonia Advisors LLC now owns 38,569 shares of the company’s stock valued at $2,170,000 after buying an additional 1,182 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of FTLS traded up $0.41 during trading hours on Wednesday, hitting $63.55. 187,713 shares of the company were exchanged, compared to its average volume of 138,271. The company has a market capitalization of $1.26 billion, a PE ratio of 19.46 and a beta of 0.62. The firm has a fifty day simple moving average of $62.60 and a 200-day simple moving average of $61.29. First Trust Long/Short Equity ETF has a one year low of $52.15 and a one year high of $63.56.

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.