NYSEARCA:LALT First Trust Multi-Strategy Alternative ETF (LALT) Price, Holdings, & News $24.35 -0.05 (-0.20%) As of 01:56 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisChartHoldingsOwnershipShort Interest 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$24.31▼$24.4250-Day Range$23.91▼$24.5152-Week Range$22.05▼$25.18Volume31,332 shsAverage Volume98,188 shsMarket Capitalization$298.29 millionAssets Under Management$342.54 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%0.70%0.71%0.51%0.53%Other Expenses0.98%0.79%0.61%0.60%0.54%Total Expense1.18%1.39%1.12%0.75%0.73%Fee Waiver0.00%-1.44%-0.63%-0.77%-0.68%Net Expense1.18%0.96%0.92%0.57%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. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. 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 6.8% and is now trading at $24.34. Who are First Trust Multi-Strategy Alternative ETF's major shareholders? First Trust Multi-Strategy Alternative ETF's top institutional shareholders include Hobart Private Capital LLC (3.82%), Tucker Asset Management LLC (0.12%), Dynamic Advisor Solutions LLC (0.25%) and Valeo Financial Advisors LLC (0.10%). 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 Holdings7 Fund Statistics Assets Under Management$342.54 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 Interest61,369 shs Miscellaneous Outstanding Shares12,250,000Beta0.13 Creation Unit50,000 The Infrastructure's Backbone: 10 Stocks Powering the AI BuildoutThe AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.Get This Free Report Top 8 LALT HoldingsFirst Trust Long/Short Equity ETF (NYSEARCA:FTLS)Holding Weight: 21.91%First Trust Managed Futures Strategy Fund (NYSEARCA:FMF)Holding Weight: 21.47%First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)Holding Weight: 20.80%First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)Holding Weight: 10.34%Franklin Systematic Style Premia ETF (NYSEARCA:FLSP)Holding Weight: 9.55%First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)Holding Weight: 8.58%iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)Holding Weight: 7.28%CashHolding Weight: 0.07%Full Holdings DetailsLALT Sector ExposureLALT Industry Exposure This page (NYSEARCA:LALT) was last updated on 8/28/2026 by MarketBeat.com Staff. From Our PartnersSomeone just dumped the biggest gold fund.Investors pulled 2.9 billion dollars from the world's largest gold fund in a single day this March, pushing to...Behind the Markets | SponsoredSmall Colorado Company (Backed by Sam Altman) Could Save U.S. Power GridA small Colorado company has secured rights to technology that could prevent the U.S. public power grid from c...Altimetry | Sponsored[WATCH] A Secret Government Mandate Is Killing Your RetirementSince 1971, when the dollar was decoupled from gold, its real-world value has steadily eroded while housing, h...Weiss Ratings | SponsoredWhere to invest $200 TodayOpenAI and Anthropic's upcoming IPOs have been called the biggest tech tsunami ever by The Wall Street Journal...Brownstone Research | SponsoredElon Musk’s Hushed FCC Filing. Sept 25th.Elon Musk quietly filed a document with the federal government tied to artificial intelligence, one of the lar...Paradigm Press | SponsoredThe retirement stock I'd buy before Nvidia todayIn 2014, Marc Chaikin pointed readers toward Nvidia. Now the 60-year Wall Street veteran and creator of the Ch...Chaikin Analytics | SponsoredWhy acquisitions are reshaping the gold mining sector right nowGold major acquisitions have repriced junior miners overnight, with past deals delivering gains from 40% to 1,...Golden Portfolio | SponsoredA $382 trillion migration and the position no one is talking aboutTrump just signed a law requiring America's entire $382 trillion financial system to migrate to a new money ne...Awesomely | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Trust Multi-Strategy Alternative ETF Please log in to your account or sign up in order to add this asset to your watchlist. Share First Trust Multi-Strategy Alternative ETF With A Colleague Link copied to clipboard. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.