Sowell Financial Services LLC bought a new stake in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 15,594 shares of the company’s stock, valued at approximately $616,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ILDR. Integrated Wealth Concepts LLC acquired a new position in First Trust Innovation Leaders ETF in the second quarter worth approximately $52,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Innovation Leaders ETF during the 3rd quarter valued at approximately $54,000. Fifth Third Bancorp raised its position in shares of First Trust Innovation Leaders ETF by 690.2% during the first quarter. Fifth Third Bancorp now owns 5,152 shares of the company’s stock valued at $153,000 after buying an additional 4,500 shares during the last quarter. WealthPlan Investment Management LLC bought a new position in First Trust Innovation Leaders ETF in the third quarter worth $201,000. Finally, TD Waterhouse Canada Inc. lifted its stake in First Trust Innovation Leaders ETF by 22.9% during the second quarter. TD Waterhouse Canada Inc. now owns 5,577 shares of the company’s stock worth $216,000 after purchasing an additional 1,041 shares during the period.
First Trust Innovation Leaders ETF Trading Down 2.1%
NYSEARCA:ILDR opened at $35.27 on Tuesday. First Trust Innovation Leaders ETF has a 1 year low of $28.19 and a 1 year high of $41.10. The firm has a 50 day moving average of $38.77 and a 200-day moving average of $35.97. The stock has a market capitalization of $326.25 million, a P/E ratio of 39.35 and a beta of 1.30.
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.
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