Wealth Watch Advisors INC Sells 11,914 Shares of First Trust Innovation Leaders ETF $ILDR

Wealth Watch Advisors INC lowered its stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 12.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,305 shares of the company’s stock after selling 11,914 shares during the quarter. First Trust Innovation Leaders ETF comprises 1.5% of Wealth Watch Advisors INC’s portfolio, making the stock its 13th biggest holding. Wealth Watch Advisors INC’s holdings in First Trust Innovation Leaders ETF were worth $2,570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Redhawk Wealth Advisors Inc. raised its stake in shares of First Trust Innovation Leaders ETF by 5.6% in the second quarter. Redhawk Wealth Advisors Inc. now owns 10,509 shares of the company’s stock worth $309,000 after buying an additional 559 shares during the period. U.S. Capital Wealth Advisors LLC raised its stake in First Trust Innovation Leaders ETF by 1.1% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 80,430 shares of the company’s stock valued at $2,367,000 after purchasing an additional 850 shares during the period. Strategic Blueprint LLC raised its stake in First Trust Innovation Leaders ETF by 8.9% during the 2nd quarter. Strategic Blueprint LLC now owns 13,521 shares of the company’s stock valued at $398,000 after purchasing an additional 1,102 shares during the period. Envestnet Asset Management Inc. raised its stake in First Trust Innovation Leaders ETF by 7.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 22,963 shares of the company’s stock valued at $536,000 after purchasing an additional 1,604 shares during the period. Finally, Centric Wealth Management raised its stake in First Trust Innovation Leaders ETF by 18.0% during the 1st quarter. Centric Wealth Management now owns 14,725 shares of the company’s stock valued at $343,000 after purchasing an additional 2,247 shares during the period.

First Trust Innovation Leaders ETF Trading Up 1.3%

Shares of ILDR opened at $33.87 on Monday. The business’s 50 day moving average is $31.96 and its 200 day moving average is $28.95. The company has a market capitalization of $184.59 million, a PE ratio of 39.35 and a beta of 1.09. First Trust Innovation Leaders ETF has a 12-month low of $19.74 and a 12-month high of $34.17.

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.