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 significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 2,300 shares, a decline of 14.8% from the February 13th total of 2,700 shares. Based on an average trading volume of 6,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Stifel Financial Corp acquired a new position in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at about $201,000. IHT Wealth Management LLC acquired a new position in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at about $205,000. Commonwealth Equity Services LLC boosted its holdings in First Trust Indxx Innovative Transaction & Process ETF by 32.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,832 shares of the company’s stock valued at $549,000 after purchasing an additional 2,882 shares during the last quarter. Raymond James Financial Inc. acquired a new position in First Trust Indxx Innovative Transaction & Process ETF in the 4th quarter valued at about $829,000. Finally, SRS Capital Advisors Inc. boosted its holdings in First Trust Indxx Innovative Transaction & Process ETF by 5.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock valued at $1,031,000 after purchasing an additional 1,242 shares during the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Trading Down 1.3 %

LEGR opened at $49.50 on Friday. The firm has a market capitalization of $91.58 million, a PE ratio of 14.04 and a beta of 0.97. First Trust Indxx Innovative Transaction & Process ETF has a twelve month low of $37.28 and a twelve month high of $50.35. The firm’s 50-day moving average price is $48.84 and its 200 day moving average price is $47.43.

About First Trust Indxx Innovative Transaction & Process ETF

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.