Jane Street Group LLC Takes $2.33 Million Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Jane Street Group LLC purchased a new position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 36,687 shares of the company’s stock, valued at approximately $2,329,000. Jane Street Group LLC owned approximately 0.18% of First Trust Long/Short Equity ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FTLS. HighTower Advisors LLC grew its holdings in shares of First Trust Long/Short Equity ETF by 2.9% during the third quarter. HighTower Advisors LLC now owns 202,446 shares of the company’s stock valued at $12,862,000 after buying an additional 5,694 shares during the last quarter. Hilltop Holdings Inc. purchased a new stake in shares of First Trust Long/Short Equity ETF during the 3rd quarter valued at about $484,000. Benjamin Edwards Inc. grew its stake in shares of First Trust Long/Short Equity ETF by 8,803.1% in the third quarter. Benjamin Edwards Inc. now owns 23,059 shares of the company’s stock worth $1,463,000 after acquiring an additional 22,800 shares during the period. CreativeOne Wealth LLC raised its holdings in shares of First Trust Long/Short Equity ETF by 156.8% during the third quarter. CreativeOne Wealth LLC now owns 58,524 shares of the company’s stock valued at $3,715,000 after purchasing an additional 35,733 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 8.6% during the 3rd quarter. Cerity Partners LLC now owns 80,561 shares of the company’s stock valued at $5,113,000 after buying an additional 6,403 shares during the period.

First Trust Long/Short Equity ETF Stock Performance

Shares of NYSEARCA:FTLS opened at $66.16 on Monday. The stock’s 50-day simple moving average is $65.54 and its two-hundred day simple moving average is $63.75. First Trust Long/Short Equity ETF has a 52-week low of $55.82 and a 52-week high of $67.69. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62.

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.