First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Sold by CENTRAL TRUST Co

CENTRAL TRUST Co cut its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 369,449 shares of the company’s stock after selling 4,752 shares during the quarter. CENTRAL TRUST Co owned about 1.86% of First Trust Long/Short Equity ETF worth $24,313,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. acquired a new position in shares of First Trust Long/Short Equity ETF in the third quarter valued at about $35,000. NBC Securities Inc. increased its holdings in First Trust Long/Short Equity ETF by 184.2% in the 3rd quarter. NBC Securities Inc. now owns 807 shares of the company’s stock worth $51,000 after buying an additional 523 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in First Trust Long/Short Equity ETF during the 3rd quarter worth approximately $75,000. GAMMA Investing LLC lifted its stake in First Trust Long/Short Equity ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after acquiring an additional 353 shares during the period. Finally, DAVENPORT & Co LLC boosted 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 valued at $314,000 after acquiring an additional 191 shares during the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of FTLS opened at $67.59 on Friday. The stock’s 50-day moving average price is $66.77 and its 200-day moving average price is $64.60. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 52 week low of $57.78 and a 52 week high of $68.64.

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.