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: $76.48 to $76.79
• 50-Day Range: $74.34 to $77.02
• 52-Week Range: $67.94 to $77.52
• Volume: 72,453 shs
• Average Volume: 116,560 shs
• Market Capitalization: $2.52 billion
• Assets Under Management: $2.54 billion
• Dividend Yield: 0.85%
• Net Expense Ratio: 1.38%
• Aggregate Rating: Moderate Buy

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: 519

Fund Statistics

• Assets Under Management: $2.54 billion
• Average Daily Volume: $127.03 thousand
• Discount/Premium: 0.11%

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: 237,590 shs

Miscellaneous

• Outstanding Shares: 32,900,000
• Beta: 0.50
• Creation Unit: 50,000
• Creation Fee: $550.00