Assetmark Inc. Has $3.58 Million Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Assetmark Inc. lifted its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8.5% during the 4th quarter, Holdings Channel reports. The fund owned 54,333 shares of the company’s stock after acquiring an additional 4,240 shares during the quarter. Assetmark Inc.’s holdings in First Trust Long/Short Equity ETF were worth $3,576,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC acquired a new position in First Trust Long/Short Equity ETF during the 3rd quarter worth $2,329,000. JPMorgan Chase & Co. lifted its stake in shares of First Trust Long/Short Equity ETF by 4,148.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 423,959 shares of the company’s stock valued at $26,909,000 after purchasing an additional 413,979 shares during the period. GAMMA Investing LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 1,700 shares of the company’s stock valued at $112,000 after purchasing an additional 353 shares during the period. SMART Wealth LLC lifted its stake in shares of First Trust Long/Short Equity ETF by 10.0% in the 3rd quarter. SMART Wealth LLC now owns 19,457 shares of the company’s stock valued at $1,235,000 after purchasing an additional 1,775 shares during the period. Finally, Prospera Financial Services Inc lifted its stake in shares of First Trust Long/Short Equity ETF by 4.2% in the 3rd quarter. Prospera Financial Services Inc now owns 11,656 shares of the company’s stock valued at $741,000 after purchasing an additional 474 shares during the period.

First Trust Long/Short Equity ETF Stock Up 0.6 %

FTLS stock opened at $64.98 on Monday. The business’s fifty day moving average is $66.85 and its 200-day moving average is $65.41. The company has a market cap of $1.91 billion, a P/E ratio of 24.12 and a beta of 0.50. First Trust Long/Short Equity ETF has a twelve month low of $58.92 and a twelve month high of $69.94.

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.