First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Sold by O Dell Group LLC

O Dell Group LLC lessened its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 13.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,963 shares of the company’s stock after selling 800 shares during the quarter. O Dell Group LLC’s holdings in First Trust Long/Short Equity ETF were worth $327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FTLS. JPMorgan Chase & Co. boosted its holdings in 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 acquiring an additional 413,979 shares during the period. World Investment Advisors LLC purchased a new position in First Trust Long/Short Equity ETF in the 3rd quarter worth approximately $21,644,000. Raymond James Financial Inc. purchased a new position in First Trust Long/Short Equity ETF in the 4th quarter worth approximately $16,769,000. Ethos Financial Group LLC boosted its holdings in First Trust Long/Short Equity ETF by 4,297.8% in the 4th quarter. Ethos Financial Group LLC now owns 156,299 shares of the company’s stock worth $10,286,000 after acquiring an additional 152,745 shares during the period. Finally, LPL Financial LLC boosted its holdings in First Trust Long/Short Equity ETF by 9.7% in the 3rd quarter. LPL Financial LLC now owns 1,712,896 shares of the company’s stock worth $108,718,000 after acquiring an additional 150,887 shares during the period.

First Trust Long/Short Equity ETF Stock Down 1.4 %

NYSEARCA FTLS opened at $64.10 on Tuesday. The stock has a market cap of $1.88 billion, a PE ratio of 24.12 and a beta of 0.50. First Trust Long/Short Equity ETF has a fifty-two week low of $58.92 and a fifty-two week high of $69.94. The business has a 50 day moving average price of $66.85 and a two-hundred day moving average price of $65.41.

About First Trust Long/Short Equity ETF

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.