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 in July. As of July 31st, there was short interest totaling 888 shares, an increase of 161.2% from the July 15th total of 340 shares. Based on an average daily volume of 2,305 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of First Trust Indxx Innovative Transaction & Process ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Financial Engines Advisors L.L.C. raised its stake in First Trust Indxx Innovative Transaction & Process ETF by 33.6% during the third quarter. Financial Engines Advisors L.L.C. now owns 142,863 shares of the company’s stock worth $8,031,000 after acquiring an additional 35,948 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 189.8% in the 2nd quarter. Raymond James Financial Inc. now owns 52,499 shares of the company’s stock valued at $2,825,000 after purchasing an additional 34,384 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter valued at approximately $1,364,000. Jane Street Group LLC bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 4th quarter valued at approximately $1,139,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 179.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,599 shares of the company’s stock valued at $988,000 after purchasing an additional 10,661 shares during the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

NASDAQ LEGR opened at $66.90 on Friday. The business has a fifty day moving average price of $64.88 and a two-hundred day moving average price of $62.71. First Trust Indxx Innovative Transaction & Process ETF has a fifty-two week low of $52.97 and a fifty-two week high of $67.72. The stock has a market capitalization of $133.80 million, a PE ratio of 14.62 and a beta of 0.87.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.6211 per share. This is an increase from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.7%.

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.