First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Shares Sold by Cooper Financial Group

Cooper Financial Group trimmed its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 2.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,413 shares of the company’s stock after selling 365 shares during the period. Cooper Financial Group owned approximately 0.12% of First Trust Long/Short Equity ETF worth $1,012,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. National Bank of Canada FI increased its position in shares of First Trust Long/Short Equity ETF by 127.7% during the fourth quarter. National Bank of Canada FI now owns 535 shares of the company’s stock worth $30,000 after acquiring an additional 300 shares during the period. Larson Financial Group LLC purchased a new position in First Trust Long/Short Equity ETF in the fourth quarter valued at $100,000. Allworth Financial LP purchased a new position in First Trust Long/Short Equity ETF in the fourth quarter valued at $114,000. ICA Group Wealth Management LLC purchased a new position in First Trust Long/Short Equity ETF in the fourth quarter valued at $197,000. Finally, Traction Financial Partners LLC purchased a new position in First Trust Long/Short Equity ETF in the fourth quarter valued at $213,000.

First Trust Long/Short Equity ETF Price Performance

NYSEARCA:FTLS opened at $62.96 on Monday. The firm has a market capitalization of $1.25 billion, a PE ratio of 19.46 and a beta of 0.62. The business’s fifty day moving average price is $61.01 and its 200 day moving average price is $59.68. First Trust Long/Short Equity ETF has a 12 month low of $51.75 and a 12 month high of $63.21.

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.