First Trust Long/Short Equity ETF $FTLS Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC lessened its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,879 shares of the company’s stock after selling 7,020 shares during the quarter. First Trust Long/Short Equity ETF comprises about 1.0% of WealthPLAN Partners LLC’s investment portfolio, making the stock its 24th biggest position. WealthPLAN Partners LLC owned about 0.31% of First Trust Long/Short Equity ETF worth $6,806,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Ameriprise Financial Inc. grew its holdings in First Trust Long/Short Equity ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,417,461 shares of the company’s stock valued at $160,161,000 after buying an additional 231,155 shares during the last quarter. LPL Financial LLC grew its holdings in First Trust Long/Short Equity ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 2,397,528 shares of the company’s stock valued at $170,200,000 after buying an additional 149,648 shares during the last quarter. Raymond James Financial Inc. grew its holdings in First Trust Long/Short Equity ETF by 45.2% during the 2nd quarter. Raymond James Financial Inc. now owns 673,403 shares of the company’s stock valued at $44,633,000 after buying an additional 209,579 shares during the last quarter. Assetmark Inc. grew its holdings in First Trust Long/Short Equity ETF by 728.0% during the 4th quarter. Assetmark Inc. now owns 507,915 shares of the company’s stock valued at $36,057,000 after buying an additional 446,569 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of First Trust Long/Short Equity ETF by 10.5% during the fourth quarter. Truist Financial Corp now owns 473,347 shares of the company’s stock worth $33,603,000 after purchasing an additional 45,071 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Up 1.0%

FTLS stock opened at $73.71 on Friday. First Trust Long/Short Equity ETF has a 52-week low of $64.63 and a 52-week high of $75.06. The stock’s fifty day simple moving average is $73.28 and its 200-day simple moving average is $71.80. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 21.59 and a beta of 0.50.

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.