Cetera Investment Advisers Boosts Holdings in First Trust Innovation Leaders ETF $ILDR

Cetera Investment Advisers grew its stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 142.1% during the 1st quarter, Holdings Channel reports. The firm owned 272,975 shares of the company’s stock after purchasing an additional 160,204 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Innovation Leaders ETF were worth $8,129,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. LPL Financial LLC lifted its stake in First Trust Innovation Leaders ETF by 36.1% in the 4th quarter. LPL Financial LLC now owns 1,698,125 shares of the company’s stock valued at $56,021,000 after buying an additional 450,296 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in First Trust Innovation Leaders ETF by 1,675.3% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 233,684 shares of the company’s stock worth $6,959,000 after buying an additional 220,521 shares in the last quarter. Mach 1 Financial Group LLC purchased a new stake in First Trust Innovation Leaders ETF during the 4th quarter worth approximately $4,025,000. Citadel Advisors LLC acquired a new position in shares of First Trust Innovation Leaders ETF during the third quarter valued at approximately $3,932,000. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of First Trust Innovation Leaders ETF during the first quarter valued at approximately $3,549,000.

First Trust Innovation Leaders ETF Price Performance

NYSEARCA ILDR opened at $36.40 on Friday. The company has a market cap of $294.84 million, a PE ratio of 39.35 and a beta of 1.29. The stock’s 50 day simple moving average is $38.06 and its 200-day simple moving average is $34.60. First Trust Innovation Leaders ETF has a 1-year low of $28.19 and a 1-year high of $40.99.

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.