RFG Advisory LLC Raises Position in First Trust Innovation Leaders ETF $ILDR

RFG Advisory LLC raised its position in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 133.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,415 shares of the company’s stock after acquiring an additional 32,777 shares during the quarter. RFG Advisory LLC’s holdings in First Trust Innovation Leaders ETF were worth $2,253,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted its stake in shares of First Trust Innovation Leaders ETF by 88.6% in the 1st quarter. Jane Street Group LLC now owns 30,309 shares of the company’s stock valued at $707,000 after purchasing an additional 14,238 shares during the period. Betterment LLC purchased a new stake in First Trust Innovation Leaders ETF in the second quarter worth $346,000. Raymond James Financial Inc. purchased a new stake in First Trust Innovation Leaders ETF in the second quarter worth $156,000. Geneos Wealth Management Inc. purchased a new position in First Trust Innovation Leaders ETF during the second quarter valued at $150,000. Finally, PFG Advisors purchased a new position in First Trust Innovation Leaders ETF during the third quarter valued at $217,000.

First Trust Innovation Leaders ETF Trading Down 1.7%

Shares of ILDR stock opened at $38.20 on Friday. First Trust Innovation Leaders ETF has a 12 month low of $28.19 and a 12 month high of $40.99. The stock has a market cap of $309.42 million, a PE ratio of 39.35 and a beta of 1.30. The company’s fifty day moving average price is $38.26 and its 200-day moving average price is $35.90.

About First Trust Innovation Leaders ETF

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.