20,721 Shares in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC purchased a new position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,721 shares of the company’s stock, valued at approximately $1,364,000.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in First Trust Long/Short Equity ETF during the third quarter worth about $2,329,000. JPMorgan Chase & Co. lifted its position in First Trust Long/Short Equity ETF by 4,148.1% during the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock worth $26,909,000 after purchasing an additional 413,979 shares during the period. GAMMA Investing LLC lifted its position in First Trust Long/Short Equity ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after purchasing an additional 353 shares during the period. SMART Wealth LLC lifted its stake 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 worth $1,235,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of First Trust Long/Short Equity ETF by 4.2% in the 3rd 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 in the last quarter.

First Trust Long/Short Equity ETF Stock Performance

First Trust Long/Short Equity ETF stock opened at $67.49 on Wednesday. First Trust Long/Short Equity ETF has a 52 week low of $58.25 and a 52 week high of $68.64. The stock has a market capitalization of $1.34 billion, a P/E ratio of 19.46 and a beta of 0.62. The stock has a fifty day moving average of $66.83 and a 200-day moving average of $64.69.

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.