Short Interest in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Grows By 500.0%

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 1,200 shares, an increase of 500.0% from the April 15th total of 200 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is presently 0.1 days.

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

A number of institutional investors have recently bought and sold shares of the stock. Gradient Investments LLC raised its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 118.8% in the 1st quarter. Gradient Investments LLC now owns 37,450 shares of the company’s stock worth $1,608,000 after acquiring an additional 20,330 shares in the last quarter. Eudaimonia Advisors LLC grew its stake in First Trust Indxx Innovative Transaction & Process ETF by 31.6% in the first quarter. Eudaimonia Advisors LLC now owns 39,934 shares of the company’s stock worth $1,715,000 after purchasing an additional 9,599 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in First Trust Indxx Innovative Transaction & Process ETF by 80.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 19,206 shares of the company’s stock valued at $709,000 after buying an additional 8,590 shares during the period. Alpha Omega Group Inc. boosted its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 10.3% during the 3rd quarter. Alpha Omega Group Inc. now owns 84,952 shares of the company’s stock valued at $3,135,000 after buying an additional 7,929 shares in the last quarter. Finally, LPL Financial LLC boosted 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 valued at $3,435,000 after buying an additional 7,607 shares in the last quarter.

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

NASDAQ:LEGR opened at $43.70 on Friday. The firm’s fifty day simple moving average is $42.48 and its 200 day simple moving average is $40.52. The stock has a market cap of $107.07 million, a P/E ratio of 12.98 and a beta of 0.97. First Trust Indxx Innovative Transaction & Process ETF has a twelve month low of $35.06 and a twelve month high of $43.75.

First Trust Indxx Innovative Transaction & Process ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Thursday, March 21st.

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.