Kestra Private Wealth Services LLC Takes Position in First Trust Innovation Leaders ETF $ILDR

Kestra Private Wealth Services LLC acquired a new position in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 119,160 shares of the company’s stock, valued at approximately $3,549,000. Kestra Private Wealth Services LLC owned about 1.70% of First Trust Innovation Leaders ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sound Income Strategies LLC bought a new stake in First Trust Innovation Leaders ETF during the fourth quarter worth approximately $40,000. Bank of America Corp DE increased its holdings in shares of First Trust Innovation Leaders ETF by 328.5% in the third quarter. Bank of America Corp DE now owns 2,794 shares of the company’s stock valued at $90,000 after buying an additional 2,142 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of First Trust Innovation Leaders ETF during the 3rd quarter valued at $136,000. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Innovation Leaders ETF during the 2nd quarter worth $150,000. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Innovation Leaders ETF during the 2nd quarter worth $156,000.

First Trust Innovation Leaders ETF Stock Down 0.3%

Shares of NYSEARCA ILDR opened at $37.36 on Friday. The stock’s fifty day simple moving average is $37.16 and its 200 day simple moving average is $33.84. The stock has a market capitalization of $261.52 million, a price-to-earnings ratio of 39.35 and a beta of 1.29. First Trust Innovation Leaders ETF has a 52-week low of $28.19 and a 52-week high of $40.84.

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.