First Trust Long/Short Equity ETF $FTLS Shares Purchased by Assetmark Inc.

Assetmark Inc. lifted its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 9.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 555,229 shares of the company’s stock after acquiring an additional 47,314 shares during the period. Assetmark Inc.’s holdings in First Trust Long/Short Equity ETF were worth $39,066,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Center For Asset Management LLC acquired a new position in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at $2,965,000. Seeds Investor LLC acquired a new stake in First Trust Long/Short Equity ETF in the fourth quarter worth about $3,283,000. Triad Wealth Partners LLC bought a new position in First Trust Long/Short Equity ETF in the 4th quarter valued at about $527,000. CENTRAL TRUST Co grew its position in First Trust Long/Short Equity ETF by 6.2% in the 4th quarter. CENTRAL TRUST Co now owns 422,643 shares of the company’s stock valued at $30,003,000 after buying an additional 24,707 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in First Trust Long/Short Equity ETF by 159.4% during the 4th quarter. Merit Financial Group LLC now owns 245,051 shares of the company’s stock valued at $17,396,000 after buying an additional 150,598 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.2%

First Trust Long/Short Equity ETF stock opened at $74.70 on Friday. First Trust Long/Short Equity ETF has a 52 week low of $65.84 and a 52 week high of $75.14. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 21.59 and a beta of 0.50. The company’s 50-day moving average price is $74.23 and its two-hundred day moving average price is $72.35.

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.