First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Acquired by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC raised its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 188,711 shares of the company’s stock after purchasing an additional 5,063 shares during the period. First Trust Long/Short Equity ETF makes up about 3.1% of Cornerstone Planning Group LLC’s portfolio, making the stock its 9th largest holding. Cornerstone Planning Group LLC owned approximately 0.95% of First Trust Long/Short Equity ETF worth $12,644,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in First Trust Long/Short Equity ETF during the 3rd quarter worth approximately $2,329,000. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Long/Short Equity ETF by 4,148.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after purchasing an additional 413,979 shares in the last quarter. GAMMA Investing LLC grew its position in 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 during the period. SMART Wealth LLC increased its stake in First Trust Long/Short Equity ETF by 10.0% during the 3rd quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock valued at $1,235,000 after purchasing an additional 1,775 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its stake in shares of First Trust Long/Short Equity ETF by 4.2% in the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after buying an additional 474 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

FTLS opened at $67.51 on Monday. First Trust Long/Short Equity ETF has a fifty-two week low of $58.35 and a fifty-two week high of $69.94. The firm has a market capitalization of $1.34 billion, a PE ratio of 19.46 and a beta of 0.62. The company’s 50-day moving average is $66.93 and its 200 day moving average is $64.79.

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.