Raymond James Trust N.A. Has $1.30 Million Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Raymond James Trust N.A. lifted its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,465 shares of the company’s stock after purchasing an additional 477 shares during the period. Raymond James Trust N.A.’s holdings in First Trust Long/Short Equity ETF were worth $1,299,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. acquired a new position in First Trust Long/Short Equity ETF during the 3rd quarter worth $35,000. NBC Securities Inc. lifted its position in First Trust Long/Short Equity ETF by 184.2% during the 3rd quarter. NBC Securities Inc. now owns 807 shares of the company’s stock worth $51,000 after acquiring an additional 523 shares during the last quarter. GAMMA Investing LLC acquired a new position in First Trust Long/Short Equity ETF during the 2nd quarter worth $84,000. Larson Financial Group LLC lifted its position in First Trust Long/Short Equity ETF by 44.2% during the 2nd quarter. Larson Financial Group LLC now owns 2,560 shares of the company’s stock worth $160,000 after acquiring an additional 785 shares during the last quarter. Finally, Transcend Capital Advisors LLC acquired a new position in First Trust Long/Short Equity ETF during the 2nd quarter worth $204,000.

First Trust Long/Short Equity ETF Price Performance

First Trust Long/Short Equity ETF stock opened at $65.63 on Monday. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a fifty-two week low of $54.92 and a fifty-two week high of $66.12. The firm has a fifty day moving average price of $64.23 and a two-hundred day moving average price of $62.98.

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.