Mach 1 Financial Group LLC Takes Position in First Trust Innovation Leaders ETF $ILDR

Mach 1 Financial Group LLC bought a new stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 122,013 shares of the company’s stock, valued at approximately $4,025,000. First Trust Innovation Leaders ETF comprises 0.8% of Mach 1 Financial Group LLC’s investment portfolio, making the stock its 28th largest position. Mach 1 Financial Group LLC owned 1.78% of First Trust Innovation Leaders ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mutual Advisors LLC purchased a new stake in shares of First Trust Innovation Leaders ETF in the 3rd quarter valued at about $742,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of First Trust Innovation Leaders ETF by 36.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 69,610 shares of the company’s stock valued at $2,255,000 after purchasing an additional 18,470 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of First Trust Innovation Leaders ETF by 17.3% in the 4th quarter. Assetmark Inc. now owns 202,229 shares of the company’s stock valued at $6,672,000 after purchasing an additional 29,785 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Innovation Leaders ETF by 53.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 50,006 shares of the company’s stock valued at $1,620,000 after purchasing an additional 17,499 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of First Trust Innovation Leaders ETF by 4,951.7% in the 4th quarter. Farther Finance Advisors LLC now owns 32,937 shares of the company’s stock valued at $1,087,000 after purchasing an additional 32,285 shares during the last quarter.

First Trust Innovation Leaders ETF Stock Performance

First Trust Innovation Leaders ETF stock opened at $37.07 on Thursday. First Trust Innovation Leaders ETF has a fifty-two week low of $25.91 and a fifty-two week high of $38.02. The company has a market capitalization of $259.49 million, a P/E ratio of 39.35 and a beta of 1.27. The stock has a 50-day simple moving average of $33.00 and a 200-day simple moving average of $32.81.

First Trust Innovation Leaders ETF Company Profile

The First Trust Innovation Leaders ETF (ILDR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks capital appreciation by targeting global companies believed to benefit from scientific and technological innovation. ILDR was launched on May 25, 2021 and is managed by First Trust.