Hobart Private Capital LLC lifted its stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report) by 6.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 217,929 shares of the company’s stock after purchasing an additional 14,097 shares during the quarter. First Trust Long/Short Equity ETF accounts for 2.8% of Hobart Private Capital LLC’s portfolio, making the stock its 5th largest position. Hobart Private Capital LLC’s holdings in First Trust Long/Short Equity ETF were worth $16,083,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in FTLS. Tidemark LLC acquired a new stake in First Trust Long/Short Equity ETF in the 4th quarter valued at approximately $29,000. Jones Financial Companies Lllp lifted its stake in First Trust Long/Short Equity ETF by 1,462.5% during the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock worth $30,000 after purchasing an additional 468 shares in the last quarter. Rossby Financial LCC lifted its stake in First Trust Long/Short Equity ETF by 25.4% during the fourth quarter. Rossby Financial LCC now owns 869 shares of the company’s stock worth $62,000 after purchasing an additional 176 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of First Trust Long/Short Equity ETF during the first quarter worth $75,000. Finally, Cullen Frost Bankers Inc. boosted its position in shares of First Trust Long/Short Equity ETF by 801.8% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,470 shares of the company’s stock worth $104,000 after buying an additional 1,307 shares during the period.
First Trust Long/Short Equity ETF Trading Up 0.1%
Shares of NYSEARCA FTLS opened at $75.07 on Tuesday. First Trust Long/Short Equity ETF has a twelve month low of $66.11 and a twelve month high of $77.52. The stock has a fifty day simple moving average of $74.38 and a 200-day simple moving average of $72.64. The stock has a market capitalization of $2.47 billion, a PE ratio of 21.59 and a beta of 0.50.
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.
Recommended Stories
- Five stocks we like better than First Trust Long/Short Equity ETF
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding FTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Free Report).
Receive News & Ratings for First Trust Long/Short Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Long/Short Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
