First Trust Long/Short Equity ETF $FTLS Shares Bought by RFG Advisory LLC

RFG Advisory LLC boosted its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 610.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,948 shares of the company’s stock after buying an additional 22,294 shares during the period. RFG Advisory LLC owned 0.09% of First Trust Long/Short Equity ETF worth $1,720,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FTLS. Strategic Financial Concepts LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 6.2% in the first quarter. Strategic Financial Concepts LLC now owns 4,006 shares of the company’s stock valued at $257,000 after purchasing an additional 233 shares during the period. Stratos Wealth Advisors LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 1.1% in the first quarter. Stratos Wealth Advisors LLC now owns 26,034 shares of the company’s stock valued at $1,668,000 after purchasing an additional 282 shares during the period. SMART Wealth LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 1.5% in the first quarter. SMART Wealth LLC now owns 18,909 shares of the company’s stock valued at $1,212,000 after purchasing an additional 285 shares during the period. LaSalle St. Investment Advisors LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 1.2% in the first quarter. LaSalle St. Investment Advisors LLC now owns 23,717 shares of the company’s stock valued at $1,519,000 after purchasing an additional 287 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its holdings in shares of First Trust Long/Short Equity ETF by 2.3% in the second quarter. Cyndeo Wealth Partners LLC now owns 12,964 shares of the company’s stock valued at $859,000 after purchasing an additional 296 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.2%

NYSEARCA:FTLS opened at $69.07 on Thursday. The firm has a market cap of $1.99 billion, a P/E ratio of 21.59 and a beta of 0.51. The stock’s 50 day simple moving average is $68.49 and its 200-day simple moving average is $66.03. First Trust Long/Short Equity ETF has a 12-month low of $58.90 and a 12-month high of $70.49.

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.