Sanctuary Advisors LLC Sells 4,508 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Sanctuary Advisors LLC lowered its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,793 shares of the company’s stock after selling 4,508 shares during the quarter. Sanctuary Advisors LLC owned about 0.12% of First Trust Long/Short Equity ETF worth $1,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of First Trust Long/Short Equity ETF in the third quarter worth $2,329,000. JPMorgan Chase & Co. lifted its position in First Trust Long/Short Equity ETF by 4,148.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after acquiring an additional 413,979 shares during the last quarter. GAMMA Investing LLC lifted its position in First Trust Long/Short Equity ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after acquiring an additional 353 shares during the last quarter. SMART Wealth LLC boosted its holdings in First Trust Long/Short Equity ETF by 10.0% during the third quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock valued at $1,235,000 after acquiring an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc grew its position in shares of First Trust Long/Short Equity ETF by 4.2% in the third quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after purchasing an additional 474 shares during the last quarter.

First Trust Long/Short Equity ETF Stock Performance

NYSEARCA FTLS opened at $66.32 on Tuesday. The stock has a 50-day simple moving average of $67.05 and a 200 day simple moving average of $65.23. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94. The stock has a market capitalization of $1.32 billion, a PE ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF 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.