First Trust Long/Short Equity ETF (NYSEARCA:FTLS) Hits New 52-Week High – Still a Buy?

Posted by Stacy Sanders on Feb 2nd, 2026

First Trust Long/Short Equity ETF (NYSEARCA:FTLS – Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $72.25 and last traded at $72.19, with a volume of 54387 shares. The stock had previously closed at $71.72.

First Trust Long/Short Equity ETF Trading Up 0.7%

The firm’s 50-day moving average price is $71.27 and its 200 day moving average price is $69.65. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 21.59 and a beta of 0.48.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in First Trust Long/Short Equity ETF by 728.0% during the 4th quarter. Assetmark Inc. now owns 507,915 shares of the company’s stock worth $36,057,000 after acquiring an additional 446,569 shares during the last quarter. Ameriprise Financial Inc. raised its position in First Trust Long/Short Equity ETF by 10.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,417,461 shares of the company’s stock worth $160,161,000 after purchasing an additional 231,155 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in First Trust Long/Short Equity ETF by 45.2% during the 2nd quarter. Raymond James Financial Inc. now owns 673,403 shares of the company’s stock worth $44,633,000 after buying an additional 209,579 shares during the period. Merit Financial Group LLC grew its position in shares of First Trust Long/Short Equity ETF by 159.4% in the 4th quarter. Merit Financial Group LLC now owns 245,051 shares of the company’s stock valued at $17,396,000 after buying an additional 150,598 shares during the last quarter. Finally, Tcfg Wealth Management LLC bought a new position in shares of First Trust Long/Short Equity ETF during the third quarter worth about $7,618,000.

First Trust Long/Short Equity ETF Company Profile

(Get Free Report)

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.