First Heartland Consultants Inc. Has $602,000 Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

First Heartland Consultants Inc. increased its position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 27.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,484 shares of the company’s stock after buying an additional 2,067 shares during the quarter. First Heartland Consultants Inc.’s holdings in First Trust Long/Short Equity ETF were worth $602,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of First Trust Long/Short Equity ETF by 27.3% during the 2nd quarter. LPL Financial LLC now owns 1,562,009 shares of the company’s stock worth $97,766,000 after buying an additional 335,072 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Long/Short Equity ETF by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 522,659 shares of the company’s stock worth $32,713,000 after purchasing an additional 19,922 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of First Trust Long/Short Equity ETF by 3.2% in the 2nd quarter. Truist Financial Corp now owns 392,377 shares of the company’s stock worth $24,559,000 after purchasing an additional 12,107 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of First Trust Long/Short Equity ETF by 8.0% in the 3rd quarter. Private Advisor Group LLC now owns 338,033 shares of the company’s stock worth $21,455,000 after purchasing an additional 25,151 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of First Trust Long/Short Equity ETF by 11.8% in the 2nd quarter. Cetera Investment Advisers now owns 316,306 shares of the company’s stock worth $19,798,000 after purchasing an additional 33,263 shares in the last quarter.

First Trust Long/Short Equity ETF Trading Down 0.1 %

NYSEARCA FTLS opened at $65.50 on Wednesday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 19.46 and a beta of 0.62. The business has a fifty day simple moving average of $63.70 and a 200 day simple moving average of $62.68. First Trust Long/Short Equity ETF has a 12 month low of $54.48 and a 12 month high of $65.76.

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.