First Trust Long/Short Equity ETF (FTLS) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $65.56 to $65.88
• 50-Day Range: $62.74 to $65.64
• 52-Week Range: $54.92 to $66.12
• Volume: 63,341 shs
• Average Volume: 134,602 shs
• Market Capitalization: $1.30 billion
• Assets Under Management: $2.05 billion
• Dividend Yield: 0.61%
• Net Expense Ratio: 1.46%
• Aggregate Rating: Moderate Buy

FTLS ETF - Frequently Asked Questions

How have FTLS shares performed this year?

First Trust Long/Short Equity ETF's stock was trading at $56.26 at the beginning of the year. Since then, FTLS stock has increased by 16.7% and is now trading at $65.63.
View the best growth stocks for 2024 here.

Who are First Trust Long/Short Equity ETF's major shareholders?

First Trust Long/Short Equity ETF's top institutional investors include LPL Financial LLC (8.63%), CENTRAL TRUST Co (1.89%), World Investment Advisors LLC (1.72%) and Private Advisor Group LLC (1.70%).

How do I buy shares of First Trust Long/Short Equity ETF?

Shares of FTLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Trust Long/Short Equity ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust Long/Short Equity ETF investors own include Nuance Communications (NUAN), Lowe's Companies (LOW) and Deutsche Börse (DB1).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust Long/Short Equity ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FTLS
• Inception Date: 9/8/2014
• Fund Manager: John Gambla, Rob Guttschow
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Long/Short
• Development Level: Blended Development
• Region: Global
• Number of Holdings: 417

Fund Statistics

• Assets Under Management: $2.05 billion
• Average Daily Volume: $133,225.50
• Discount/Premium: 0.10%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 140,500 shs

Miscellaneous

• Outstanding Shares: 19,850,000
• Beta: 0.62
• Creation Unit: 50,000
• Creation Fee: $550.00