First Trust Long/Short Equity ETF

FTLS was created on 2014-09-09 by First Trust. The fund's investment portfolio concentrates primarily on long/short alternatives. The ETF currently has 2651.95m in AUM and 270 holdings. FTLS 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.