FTLS stock icon

First Trust Long/Short Equity ETF
FTLS

64.82 USD
+0.16
0.25%
At close Oct 17, 4:00 PM EDT
1 day
0.25%
5 days
1.58%
1 month
2.92%
3 months
3.68%
6 months
8.65%
Year to date
15.50%
1 year
21.07%
5 years
57.14%
0
Funds holding %
of 6,740 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

124% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 42

100% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 16

10% more funds holding

Funds holding: 164 [Q1] → 180 (+16) [Q2]

9% more funds holding in top 10

Funds holding in top 10: 11 [Q1] → 12 (+1) [Q2]

1% more capital invested

Capital invested by funds: $1.02B [Q1] → $1.04B (+$15M) [Q2]

14.18% less ownership

Funds ownership: 94.62% [Q1] → 80.45% (-14.18%) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for FTLS.

See Analyst Rankings

Financial journalist opinion

Positive
Seeking Alpha
2 months ago
FTLS: An Alternative Strategy That's Worked
First Trust Long/Short Equity ETF offers a long/short strategy to lower long exposure and playoff long/short spreads. The FTLS ETF blends quantitative and fundamental analysis to determine net exposure, with a focus on risk management and the Earnings Quality Rank model. FTLS has a Tech-heavy long position, minimal Tech exposure in a short book, and outperforms peer alternative strategies like IQ Hedge Multi-Strategy Tracker ETF.
FTLS: An Alternative Strategy That's Worked
Neutral
Business Wire
3 months ago
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 151 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations:   Expected Ex-Dividend Date: June 27, 2024 Record Date: June 27, 2024 Payable Date: June 28, 2024 Ticker   Exchange   Fund Name   Frequency   Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchang.
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
Positive
Seeking Alpha
5 months ago
FTLS: Reiterate Buy Recommendation On Excellent Results
First Trust Long/Short Equity ETF uses earnings quality to pick stocks to go long and short. FTLS has delivered hedge fund-like performance at mutual fund-like fees. In a market defined by higher interest rates, companies with good earnings momentum are vastly outperforming those without, which benefits FTLS.
FTLS: Reiterate Buy Recommendation On Excellent Results
Neutral
Zacks Investment Research
6 months ago
5 Defensive Investment ETF Strategies for Your Portfolio
Market volatility roared back in recent weeks on growing inflation worries, the uncertain timing of Fed rate cuts and escalating geopolitical tension in the Middle East. The combination of these factors has made investors jittery, compelling them to revisit their portfolios.
5 Defensive Investment ETF Strategies for Your Portfolio
Neutral
Business Wire
6 months ago
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 133 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: Expected Ex-Dividend Date: March 21, 2024 Record Date: March 22, 2024 Payable Date: March 28, 2024 Ticker Exchange Fund Name Frequency Ordinary Income Per Share Amount ACTIVELY MANAGED EXCHANGE-TRADED FUNDS   First Trust Exchange-Trade.
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
Positive
Seeking Alpha
8 months ago
FTLS: Long-Short ETF With Good Fundamentals And Low Volatility
First Trust Long/Short Equity ETF is an actively managed fund with a long-short stock strategy based on proprietary quantitative models. Valuation, growth, and quality metrics are superior to the S&P 500 benchmark.
FTLS: Long-Short ETF With Good Fundamentals And Low Volatility
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