Kraft Davis & Associates LLC acquired a new stake in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 61,083 shares of the company’s stock, valued at approximately $1,873,000. Kraft Davis & Associates LLC owned about 2.26% of First Trust Innovation Leaders ETF at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in ILDR. Key Client Fiduciary Advisors LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter valued at approximately $223,000. Morey & Quinn Wealth Partners LLC purchased a new stake in First Trust Innovation Leaders ETF in the second quarter worth $263,000. Redhawk Wealth Advisors Inc. increased its holdings in First Trust Innovation Leaders ETF by 5.6% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 10,509 shares of the company’s stock worth $309,000 after acquiring an additional 559 shares during the last quarter. Newman Dignan & Sheerar Inc. bought a new stake in shares of First Trust Innovation Leaders ETF in the second quarter valued at approximately $321,000. Finally, Avantax Advisory Services Inc. bought a new stake in First Trust Innovation Leaders ETF during the 1st quarter valued at $269,000.
First Trust Innovation Leaders ETF Trading Down 0.7%
Shares of First Trust Innovation Leaders ETF stock opened at $33.30 on Friday. The company’s 50-day moving average price is $31.59 and its 200-day moving average price is $28.38. First Trust Innovation Leaders ETF has a 12-month low of $19.74 and a 12-month high of $34.17. The company has a market cap of $168.17 million, a price-to-earnings ratio of 39.35 and a beta of 1.09.
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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