35,273 Shares of First Trust Long/Short Equity ETF $FTLS Bought by Sigma Planning Corp

Sigma Planning Corp bought a new stake in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 35,273 shares of the company’s stock, valued at approximately $2,704,000. Sigma Planning Corp owned about 0.10% of First Trust Long/Short Equity ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC acquired a new stake in shares of First Trust Long/Short Equity ETF during the 1st quarter worth about $75,000. Coppell Advisory Solutions LLC purchased a new position in shares of First Trust Long/Short Equity ETF during the second quarter valued at approximately $107,000. CoreCap Advisors LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 14.5% during the second quarter. CoreCap Advisors LLC now owns 1,461 shares of the company’s stock valued at $108,000 after buying an additional 185 shares during the period. Compass Financial Management LLC purchased a new position in shares of First Trust Long/Short Equity ETF during the second quarter valued at approximately $112,000. Finally, Bessemer Group Inc. acquired a new stake in First Trust Long/Short Equity ETF during the first quarter worth approximately $181,000.

First Trust Long/Short Equity ETF Stock Performance

Shares of NYSEARCA FTLS opened at $77.30 on Wednesday. The firm’s 50 day moving average price is $76.85 and its 200 day moving average price is $73.83. The firm has a market cap of $2.65 billion, a P/E ratio of 21.59 and a beta of 0.50. First Trust Long/Short Equity ETF has a 1 year low of $69.21 and a 1 year high of $78.11.

First Trust Long/Short Equity ETF Company 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.