Citizens Financial Group Inc. RI Grows Holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Citizens Financial Group Inc. RI boosted its holdings in First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 115.2% in the 4th quarter, Holdings Channel reports. The firm owned 38,353 shares of the company’s stock after purchasing an additional 20,533 shares during the period. Citizens Financial Group Inc. RI’s holdings in First Trust Long/Short Equity ETF were worth $2,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of FTLS. International Assets Investment Management LLC acquired a new position in First Trust Long/Short Equity ETF in the 4th quarter valued at $10,664,000. WealthPlan Investment Management LLC grew its stake in shares of First Trust Long/Short Equity ETF by 1,064.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 192,751 shares of the company’s stock worth $10,245,000 after purchasing an additional 176,193 shares during the period. CENTRAL TRUST Co grew its stake in shares of First Trust Long/Short Equity ETF by 49.1% during the 4th quarter. CENTRAL TRUST Co now owns 366,284 shares of the company’s stock worth $20,607,000 after purchasing an additional 120,693 shares during the period. Private Advisor Group LLC grew its stake in shares of First Trust Long/Short Equity ETF by 137.5% during the 3rd quarter. Private Advisor Group LLC now owns 205,288 shares of the company’s stock worth $10,911,000 after purchasing an additional 118,858 shares during the period. Finally, Truist Financial Corp grew its stake in shares of First Trust Long/Short Equity ETF by 22.3% during the 3rd quarter. Truist Financial Corp now owns 481,772 shares of the company’s stock worth $25,606,000 after purchasing an additional 87,779 shares during the period.

First Trust Long/Short Equity ETF Trading Up 0.8 %

Shares of NYSEARCA:FTLS traded up $0.45 on Friday, reaching $60.17. 60,027 shares of the company were exchanged, compared to its average volume of 129,913. First Trust Long/Short Equity ETF has a 1-year low of $50.79 and a 1-year high of $61.85. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 18.96 and a beta of 0.59. The company has a 50-day moving average of $60.58 and a 200-day moving average of $57.62.

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.