Citizens Financial Group Inc. RI Sells 1,836 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Citizens Financial Group Inc. RI decreased its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,517 shares of the company’s stock after selling 1,836 shares during the period. Citizens Financial Group Inc. RI’s holdings in First Trust Long/Short Equity ETF were worth $2,252,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. CENTRAL TRUST Co boosted its position in shares of First Trust Long/Short Equity ETF by 0.6% during the 1st quarter. CENTRAL TRUST Co now owns 368,659 shares of the company’s stock worth $22,732,000 after acquiring an additional 2,375 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of First Trust Long/Short Equity ETF by 69.2% during the 1st quarter. Private Advisor Group LLC now owns 302,862 shares of the company’s stock worth $18,675,000 after acquiring an additional 123,860 shares in the last quarter. Financial Enhancement Group LLC boosted its position in shares of First Trust Long/Short Equity ETF by 2.8% during the 1st quarter. Financial Enhancement Group LLC now owns 261,356 shares of the company’s stock worth $15,849,000 after acquiring an additional 7,220 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of First Trust Long/Short Equity ETF during the 4th quarter worth approximately $10,664,000. Finally, Osaic Holdings Inc. boosted its position in shares of First Trust Long/Short Equity ETF by 20.8% during the 1st quarter. Osaic Holdings Inc. now owns 174,110 shares of the company’s stock worth $10,737,000 after acquiring an additional 29,939 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Performance

Shares of NYSEARCA FTLS traded down $1.04 during trading hours on Friday, hitting $61.55. 687,068 shares of the stock were exchanged, compared to its average volume of 139,752. The company has a market cap of $1.22 billion, a PE ratio of 19.46 and a beta of 0.62. The company’s fifty day simple moving average is $62.43 and its two-hundred day simple moving average is $60.89. First Trust Long/Short Equity ETF has a 1-year low of $52.15 and a 1-year high of $63.55.

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.