Onyx Bridge Wealth Group LLC Sells 17,540 Shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Onyx Bridge Wealth Group LLC decreased its holdings in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 56.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,601 shares of the company’s stock after selling 17,540 shares during the period. Onyx Bridge Wealth Group LLC owned about 0.07% of First Trust Long/Short Equity ETF worth $895,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FTLS. Stratos Wealth Advisors LLC lifted its position in shares of First Trust Long/Short Equity ETF by 2.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 25,752 shares of the company’s stock worth $1,695,000 after buying an additional 510 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in shares of First Trust Long/Short Equity ETF by 7.7% during the fourth quarter. Stratos Wealth Partners LTD. now owns 71,551 shares of the company’s stock valued at $4,709,000 after acquiring an additional 5,108 shares during the period. Oregon Pacific Wealth Management LLC acquired a new stake in shares of First Trust Long/Short Equity ETF in the 4th quarter valued at $1,829,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of First Trust Long/Short Equity ETF in the 4th quarter worth about $1,364,000. Finally, DAVENPORT & Co LLC increased its position in shares of First Trust Long/Short Equity ETF by 4.2% during the 4th quarter. DAVENPORT & Co LLC now owns 4,778 shares of the company’s stock worth $314,000 after purchasing an additional 191 shares in the last quarter.

First Trust Long/Short Equity ETF Stock Up 0.3 %

NYSEARCA:FTLS opened at $67.66 on Thursday. The firm has a market cap of $1.34 billion, a PE ratio of 19.46 and a beta of 0.62. First Trust Long/Short Equity ETF has a 12 month low of $58.35 and a 12 month high of $68.64. The company’s 50-day moving average price is $66.87 and its two-hundred day moving average price is $64.71.

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.