First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Update

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 340 shares, an increase of 142.9% from the June 30th total of 140 shares. Based on an average daily volume of 1,514 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

First Trust Indxx Innovative Transaction & Process ETF stock opened at $63.56 on Thursday. The firm has a market cap of $127.12 million, a price-to-earnings ratio of 14.62 and a beta of 0.87. First Trust Indxx Innovative Transaction & Process ETF has a 1 year low of $52.47 and a 1 year high of $67.72. The firm’s 50 day moving average price is $64.87 and its two-hundred day moving average price is $62.34.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.6211 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.48 annualized dividend and a dividend yield of 3.9%. This is a boost from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

A number of hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the first quarter valued at $141,000. Cetera Investment Advisers increased its stake in First Trust Indxx Innovative Transaction & Process ETF by 7.9% in the 1st quarter. Cetera Investment Advisers now owns 4,502 shares of the company’s stock worth $260,000 after purchasing an additional 330 shares in the last quarter. Kestra Advisory Services LLC increased its stake in First Trust Indxx Innovative Transaction & Process ETF by 9.9% in the 1st quarter. Kestra Advisory Services LLC now owns 5,496 shares of the company’s stock worth $317,000 after purchasing an additional 494 shares in the last quarter. CPR Investments Inc. acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF during the 1st quarter worth about $250,000. Finally, Vertex Planning Partners LLC acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF during the 4th quarter worth about $208,000.

About First Trust Indxx Innovative Transaction & Process ETF

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.