Sanctuary Advisors LLC Acquires Shares of 33,113 First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Sanctuary Advisors LLC bought a new position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 33,113 shares of the company’s stock, valued at approximately $1,992,000. Sanctuary Advisors LLC owned approximately 0.17% of First Trust Long/Short Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in FTLS. ICA Group Wealth Management LLC bought a new position in shares of First Trust Long/Short Equity ETF during the fourth quarter valued at $197,000. B. Riley Wealth Advisors Inc. raised its position in First Trust Long/Short Equity ETF by 14.0% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 24,141 shares of the company’s stock worth $1,358,000 after buying an additional 2,960 shares during the last quarter. Richard P Slaughter Associates Inc lifted its stake in First Trust Long/Short Equity ETF by 63.5% during the 1st quarter. Richard P Slaughter Associates Inc now owns 72,771 shares of the company’s stock valued at $4,487,000 after acquiring an additional 28,255 shares during the period. Park Avenue Securities LLC purchased a new stake in shares of First Trust Long/Short Equity ETF during the 1st quarter valued at about $491,000. Finally, FOCUS Wealth Advisors LLC grew its stake in shares of First Trust Long/Short Equity ETF by 14.1% in the first quarter. FOCUS Wealth Advisors LLC now owns 89,122 shares of the company’s stock worth $5,495,000 after acquiring an additional 11,037 shares during the period.

First Trust Long/Short Equity ETF Stock Down 0.4 %

FTLS opened at $63.21 on Wednesday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. The firm has a 50 day moving average price of $62.77 and a 200-day moving average price of $62.00. First Trust Long/Short Equity ETF has a twelve month low of $52.15 and a twelve month high of $63.87.

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.