Cooper Financial Group Sells 165 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Cooper Financial Group cut its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,034 shares of the company’s stock after selling 165 shares during the quarter. Cooper Financial Group’s holdings in First Trust Long/Short Equity ETF were worth $1,055,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. UMB Bank n.a. bought a new position in shares of First Trust Long/Short Equity ETF in the 3rd quarter worth $35,000. NBC Securities Inc. lifted its stake in First Trust Long/Short Equity ETF by 184.2% in the third quarter. NBC Securities Inc. now owns 807 shares of the company’s stock valued at $51,000 after buying an additional 523 shares during the period. Wilmington Savings Fund Society FSB bought a new position in First Trust Long/Short Equity ETF during the third quarter worth about $75,000. GAMMA Investing LLC grew its position in shares of First Trust Long/Short Equity ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock worth $112,000 after buying an additional 353 shares during the period. Finally, Insigneo Advisory Services LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the 2nd quarter valued at about $203,000.

First Trust Long/Short Equity ETF Price Performance

First Trust Long/Short Equity ETF stock opened at $66.12 on Tuesday. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of 19.46 and a beta of 0.62. The company’s 50 day simple moving average is $66.16 and its 200 day simple moving average is $64.16. First Trust Long/Short Equity ETF has a fifty-two week low of $57.09 and a fifty-two week high of $67.92.

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.