Comprehensive Financial Planning Inc. PA Purchases Shares of 547 First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Comprehensive Financial Planning Inc. PA bought a new position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 547 shares of the company’s stock, valued at approximately $36,000.

Several other large investors have also modified their holdings of the stock. JPMorgan Chase & Co. raised its position in First Trust Long/Short Equity ETF by 4,148.1% during the third quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock valued at $26,909,000 after buying an additional 413,979 shares during the period. World Investment Advisors LLC acquired a new position in shares of First Trust Long/Short Equity ETF during the 3rd quarter valued at about $21,644,000. International Assets Investment Management LLC raised its position in shares of First Trust Long/Short Equity ETF by 4,639.2% in the third quarter. International Assets Investment Management LLC now owns 310,702 shares of the company’s stock valued at $197,200,000 after purchasing an additional 304,146 shares during the period. LPL Financial LLC lifted its position in First Trust Long/Short Equity ETF by 9.7% during the 3rd quarter. LPL Financial LLC now owns 1,712,896 shares of the company’s stock worth $108,718,000 after acquiring an additional 150,887 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new position in shares of First Trust Long/Short Equity ETF during the 4th quarter worth about $6,433,000.

First Trust Long/Short Equity ETF Stock Performance

Shares of FTLS opened at $67.53 on Tuesday. First Trust Long/Short Equity ETF has a 52 week low of $58.35 and a 52 week high of $69.94. The firm has a market capitalization of $1.34 billion, a P/E ratio of 19.46 and a beta of 0.62. The company has a 50-day simple moving average of $66.95 and a 200-day simple moving average of $64.83.

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.