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: $65.81 to $66.35
• 50-Day Range: $62.12 to $66.28
• 52-Week Range: $58.90 to $69.94
• Volume: 97,881 shs
• Average Volume: 147,124 shs
• Market Capitalization: $2.01 billion
• Assets Under Management: $1.98 billion
• Dividend Yield: 1.52%
• Net Expense Ratio: 1.38%
• 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 $65.81 at the beginning of 2025. Since then, FTLS stock has increased by 0.7% and is now trading at $66.28.
View the best growth stocks for 2025 here.

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.

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: 364

Fund Statistics

• Assets Under Management: $1.98 billion
• Average Daily Volume: $103.34 thousand
• 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: 16,100 shs

Miscellaneous

• Outstanding Shares: 30,300,000
• Beta: 0.51
• Creation Unit: 50,000
• Creation Fee: $550.00