Atomi Financial Group Inc. Has $10.08 Million Stock Position in First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

Atomi Financial Group Inc. increased its stake in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 44.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,152 shares of the company’s stock after buying an additional 47,282 shares during the quarter. Atomi Financial Group Inc. owned about 0.77% of First Trust Long/Short Equity ETF worth $10,079,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Ameritas Advisory Services LLC increased its stake in shares of First Trust Long/Short Equity ETF by 125.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 17,682 shares of the company’s stock valued at $1,164,000 after purchasing an additional 9,856 shares during the last quarter. Richard P Slaughter Associates Inc increased its stake in shares of First Trust Long/Short Equity ETF by 4.3% in the fourth quarter. Richard P Slaughter Associates Inc now owns 111,236 shares of the company’s stock valued at $7,320,000 after buying an additional 4,608 shares during the period. Park Avenue Securities LLC raised its stake in shares of First Trust Long/Short Equity ETF by 11.2% during the fourth quarter. Park Avenue Securities LLC now owns 8,917 shares of the company’s stock valued at $587,000 after acquiring an additional 898 shares during the last quarter. Cardinal Point Capital Management ULC lifted its holdings in First Trust Long/Short Equity ETF by 4.2% during the 4th quarter. Cardinal Point Capital Management ULC now owns 125,184 shares of the company’s stock worth $8,238,000 after buying an additional 5,010 shares during the period. Finally, City Center Advisors LLC acquired a new position in shares of First Trust Long/Short Equity ETF in the fourth quarter worth approximately $638,000.

First Trust Long/Short Equity ETF Stock Performance

NYSEARCA:FTLS opened at $67.20 on Tuesday. The firm has a market cap of $1.33 billion, a P/E ratio of 19.46 and a beta of 0.62. The firm’s fifty day moving average is $66.37 and its 200-day moving average is $64.33. First Trust Long/Short Equity ETF has a 52 week low of $57.30 and a 52 week high of $67.92.

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.