NYSEARCA:LALT First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings, & News $24.79 0.00 (0.00%) As of 05/22/2026 04:10 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsOwnershipShort InterestBuy This Stock About First Trust Multi-Strategy Alternative ETF (NYSEARCA:LALT) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get LALT alerts:Sign Up Key Stats Today's Range$24.72▼$24.8350-Day Range$23.89▼$24.9152-Week Range$20.80▼$25.18Volume14,861 shsAverage Volume21,624 shsMarket Capitalization$60.74 millionAssets Under Management$64.35 millionDividend YieldN/ANet Expense Ratio1.18%Aggregate RatingN/A ETF Overview The First Trust Multi-Strategy Alternative ETF (LALT) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that utilizes multiple alternative strategies in an attempt to provide lower correlation and more diversified risk exposures than traditional investments over various market cycles. LALT was launched on Jan 31, 2023 and is managed by First Trust. Read More First Trust Multi-Strategy Alternative ETF ExpensesTypeLALTGlobal Macro ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFsManagement Fee0.20%0.73%0.71%0.51%0.53%Other Expenses0.98%0.48%0.68%0.58%0.55%Total Expense1.18%1.13%1.16%0.74%0.73%Fee Waiver0.00%-0.34%-0.52%-0.70%-0.62%Net Expense1.18%1.01%0.97%0.58%0.60% Receive LALT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Multi-Strategy Alternative ETF and its competitors with MarketBeat's FREE daily newsletter. 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LALT ETF News HeadlinesNo headlines for this company have been tracked by MarketBeat.com LALT ETF - Frequently Asked Questions How have LALT shares performed this year? First Trust Multi-Strategy Alternative ETF's stock was trading at $22.79 at the start of the year. Since then, LALT stock has increased by 8.8% and is now trading at $24.79. Who are First Trust Multi-Strategy Alternative ETF's major shareholders? Top institutional shareholders of First Trust Multi-Strategy Alternative ETF include Royal Bank of Canada (12.58%), Cetera Investment Advisers (3.49%), Van Diest Capital LLC (2.45%) and Sanctuary Advisors LLC (1.85%). How do I buy shares of First Trust Multi-Strategy Alternative ETF? Shares of LALT 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. Fund Details IssuerFirst Trust Fund NameFirst Trust Multi-Strategy Alternative ETF Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:LALT Inception Date1/31/2023 Fund ManagerJohn Gambla, Rob Guttschow, Daniel Lindquist, David McGarel, Chris Petersen WebN/A PhoneN/AFund Focus Asset ClassMulti Asset BenchmarkN/A CategoryAbsolute Returns FocusGlobal Macro Development LevelBlended Development RegionGlobal Number of Holdings8 Fund Statistics Assets Under Management$64.35 million Average Daily Volume$0.00 Discount/Premium0.02% Administrator, Advisor and Custodian AdministratorThe Bank of New York Mellon Corporation AdvisorFirst Trust Advisors L.P. CustodianThe Bank of New York Mellon Corporation DistributorFirst Trust Portfolios L.P. Transfer AgentThe Bank of New York Mellon Corporation TrusteeN/A Lead Market MakerCitadel Options OptionableN/A Short Interest45,200 shs Miscellaneous Outstanding Shares2,450,000Beta0.13 Creation Unit50,000 (Almost) Everything You Need To Know About The EV MarketLooking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.Get This Free Report Top 9 LALT HoldingsFirst Trust Managed Futures Strategy Fund (NYSEARCA:FMF)Holding Weight: 21.62%First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)Holding Weight: 21.27%First Trust Long/Short Equity ETF (NYSEARCA:FTLS)Holding Weight: 20.75%First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)Holding Weight: 10.28%First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)Holding Weight: 8.12%iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)Holding Weight: 7.21%Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)Holding Weight: 6.87%iShares Gold Trust (NYSEARCA:IAU)Holding Weight: 3.82%CashHolding Weight: 0.07%Full Holdings DetailsLALT Sector ExposureLALT Industry Exposure This page (NYSEARCA:LALT) was last updated on 5/26/2026 by MarketBeat.com Staff. From Our PartnersHey, it's Jon Najarian. The SpaceX IPO is right around the corner. 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