CENTRAL TRUST Co Has $27.84 Million Holdings in First Trust Long/Short Equity ETF $FTLS

CENTRAL TRUST Co decreased its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 4.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 397,936 shares of the company’s stock after selling 16,817 shares during the period. CENTRAL TRUST Co’s holdings in First Trust Long/Short Equity ETF were worth $27,836,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FTLS. NewEdge Advisors LLC lifted its holdings in First Trust Long/Short Equity ETF by 32.6% during the 1st quarter. NewEdge Advisors LLC now owns 7,337 shares of the company’s stock worth $470,000 after buying an additional 1,803 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of First Trust Long/Short Equity ETF by 1,462.5% in the first quarter. Jones Financial Companies Lllp now owns 500 shares of the company’s stock worth $30,000 after acquiring an additional 468 shares during the period. Focus Partners Wealth boosted its holdings in First Trust Long/Short Equity ETF by 6.6% in the first quarter. Focus Partners Wealth now owns 22,906 shares of the company’s stock valued at $1,468,000 after acquiring an additional 1,414 shares during the last quarter. RFG Advisory LLC boosted its holdings in First Trust Long/Short Equity ETF by 610.1% in the second quarter. RFG Advisory LLC now owns 25,948 shares of the company’s stock valued at $1,720,000 after acquiring an additional 22,294 shares during the last quarter. Finally, WealthPlan Investment Management LLC increased its position in First Trust Long/Short Equity ETF by 47.3% during the 2nd quarter. WealthPlan Investment Management LLC now owns 215,979 shares of the company’s stock valued at $14,315,000 after purchasing an additional 69,353 shares during the period.

First Trust Long/Short Equity ETF Stock Performance

First Trust Long/Short Equity ETF stock opened at $70.81 on Friday. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48. First Trust Long/Short Equity ETF has a 52-week low of $58.90 and a 52-week high of $72.39. The firm has a 50 day moving average price of $71.28 and a two-hundred day moving average price of $69.92.

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.