First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Stake Decreased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lessened its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLSFree Report) by 1.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,973 shares of the company’s stock after selling 339 shares during the period. B. Riley Wealth Advisors Inc. owned 0.15% of First Trust Long/Short Equity ETF worth $1,902,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Brookstone Capital Management acquired a new stake in First Trust Long/Short Equity ETF in the second quarter worth approximately $414,000. Raymond James & Associates boosted its holdings in First Trust Long/Short Equity ETF by 4.8% in the second quarter. Raymond James & Associates now owns 23,864 shares of the company’s stock worth $1,494,000 after purchasing an additional 1,090 shares in the last quarter. Atria Wealth Solutions Inc. boosted its holdings in First Trust Long/Short Equity ETF by 17.4% in the second quarter. Atria Wealth Solutions Inc. now owns 53,952 shares of the company’s stock worth $3,377,000 after purchasing an additional 7,978 shares in the last quarter. Philip James Wealth Mangement LLC boosted its holdings in First Trust Long/Short Equity ETF by 12.9% in the second quarter. Philip James Wealth Mangement LLC now owns 116,001 shares of the company’s stock worth $7,261,000 after purchasing an additional 13,294 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new stake in First Trust Long/Short Equity ETF in the second quarter worth $5,525,000.

First Trust Long/Short Equity ETF Trading Down 0.3 %

Shares of NYSEARCA:FTLS opened at $66.90 on Monday. First Trust Long/Short Equity ETF has a 1 year low of $55.82 and a 1 year high of $67.45. The firm has a fifty day moving average price of $65.26 and a 200 day moving average price of $63.56. The stock has a market capitalization of $1.33 billion, a PE ratio of 19.46 and a beta of 0.62.

First Trust Long/Short Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

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