Institute for Wealth Management LLC. reduced its position in shares of First Trust Long/Short Equity ETF (NYSEARCA:FTLS) by 8.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,789 shares of the company’s stock after selling 685 shares during the quarter. Institute for Wealth Management LLC. owned 0.14% of First Trust Long/Short Equity ETF worth $313,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTLS. Cetera Advisor Networks LLC raised its holdings in First Trust Long/Short Equity ETF by 28.9% during the 1st quarter. Cetera Advisor Networks LLC now owns 17,219 shares of the company’s stock worth $680,000 after purchasing an additional 3,860 shares during the last quarter. MML Investors Services LLC raised its holdings in First Trust Long/Short Equity ETF by 7.3% during the 1st quarter. MML Investors Services LLC now owns 51,182 shares of the company’s stock worth $2,007,000 after purchasing an additional 3,497 shares during the last quarter. Private Advisor Group LLC raised its holdings in First Trust Long/Short Equity ETF by 7.7% during the 1st quarter. Private Advisor Group LLC now owns 396,949 shares of the company’s stock worth $15,564,000 after purchasing an additional 28,505 shares during the last quarter. Golden State Wealth Management LLC bought a new position in First Trust Long/Short Equity ETF during the 1st quarter worth approximately $1,852,000. Finally, CX Institutional raised its holdings in First Trust Long/Short Equity ETF by 95.0% during the 2nd quarter. CX Institutional now owns 16,553 shares of the company’s stock worth $666,000 after purchasing an additional 8,063 shares during the last quarter.

First Trust Long/Short Equity ETF stock traded up $0.17 during mid-day trading on Wednesday, hitting $40.60. 1,600 shares of the stock were exchanged, compared to its average volume of 31,597. First Trust Long/Short Equity ETF has a 12 month low of $35.84 and a 12 month high of $41.23. The firm’s fifty day simple moving average is $40.70 and its two-hundred day simple moving average is $39.64.

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Institutional Ownership by Quarter for First Trust Long/Short Equity ETF (NYSEARCA:FTLS)

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