First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Update

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 400 shares, a drop of 60.0% from the May 31st total of 1,000 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Indxx Innovative Transaction & Process ETF Stock Down 0.4 %

Shares of LEGR opened at $43.06 on Friday. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $35.06 and a 52-week high of $44.79. The firm’s fifty day moving average is $43.34 and its two-hundred day moving average is $42.03. The stock has a market cap of $105.50 million, a PE ratio of 13.52 and a beta of 0.97.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 27th will be paid a dividend of $0.535 per share. The ex-dividend date of this dividend is Thursday, June 27th.

Institutional Investors Weigh In On First Trust Indxx Innovative Transaction & Process ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SRS Capital Advisors Inc. boosted its stake in First Trust Indxx Innovative Transaction & Process ETF by 220.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 9,127 shares of the company’s stock worth $373,000 after purchasing an additional 6,277 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 28.3% during the 3rd quarter. HighTower Advisors LLC now owns 17,769 shares of the company’s stock worth $659,000 after acquiring an additional 3,919 shares during the period. Capital Investment Advisory Services LLC purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 4th quarter worth $45,000. Raymond James & Associates raised its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 3.3% during the 4th quarter. Raymond James & Associates now owns 8,217 shares of the company’s stock worth $336,000 after acquiring an additional 259 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 8.9% during the 3rd quarter. LPL Financial LLC now owns 93,078 shares of the company’s stock worth $3,435,000 after acquiring an additional 7,607 shares during the period.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an exchange-traded fund that is based on the Indxx Blockchain index. The fund tracks an index of global equities selected based on their exposure to the development or usage of blockchain technology. LEGR was launched on Jan 24, 2018 and is managed by First Trust.