Ethos Financial Group LLC Purchases 7,010 Shares of First Trust Long/Short Equity ETF $FTLS

Ethos Financial Group LLC boosted its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 3.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,146 shares of the company’s stock after buying an additional 7,010 shares during the period. First Trust Long/Short Equity ETF makes up approximately 1.0% of Ethos Financial Group LLC’s investment portfolio, making the stock its 22nd largest position. Ethos Financial Group LLC owned about 0.61% of First Trust Long/Short Equity ETF worth $13,308,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Burkett Financial Services LLC acquired a new position in shares of First Trust Long/Short Equity ETF in the 3rd quarter valued at approximately $28,000. Tidemark LLC acquired a new stake in shares of First Trust Long/Short Equity ETF during the 4th quarter worth approximately $29,000. Jones Financial Companies Lllp increased its stake in First Trust Long/Short Equity ETF by 1,462.5% in the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock valued at $30,000 after acquiring an additional 468 shares during the last quarter. Rossby Financial LCC increased its stake in First Trust Long/Short Equity ETF by 25.4% in the fourth quarter. Rossby Financial LCC now owns 869 shares of the company’s stock valued at $62,000 after acquiring an additional 176 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in First Trust Long/Short Equity ETF by 801.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,470 shares of the company’s stock valued at $104,000 after purchasing an additional 1,307 shares in the last quarter.

First Trust Long/Short Equity ETF Price Performance

Shares of FTLS opened at $74.68 on Wednesday. The firm has a 50 day simple moving average of $74.19 and a two-hundred day simple moving average of $72.29. First Trust Long/Short Equity ETF has a one year low of $65.56 and a one year high of $75.14. The company has a market cap of $2.45 billion, a P/E ratio of 21.59 and a beta of 0.50.

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.