Oppenheimer Asset Management Inc. Increases Stake in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)

Oppenheimer Asset Management Inc. boosted its stake in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) by 5.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,902 shares of the company’s stock after purchasing an additional 1,083 shares during the period. Oppenheimer Asset Management Inc. owned about 1.10% of First Trust Indxx Innovative Transaction & Process ETF worth $1,019,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. IHT Wealth Management LLC increased its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 27.8% in the fourth quarter. IHT Wealth Management LLC now owns 5,559 shares of the company’s stock worth $258,000 after buying an additional 1,210 shares during the period. WealthCare Investment Partners LLC increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 2.1% in the first quarter. WealthCare Investment Partners LLC now owns 10,631 shares of the company’s stock valued at $489,000 after acquiring an additional 215 shares during the period. Commonwealth Equity Services LLC increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 32.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,832 shares of the company’s stock valued at $549,000 after acquiring an additional 2,882 shares during the period. Raymond James Financial Inc. purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at about $829,000. Finally, SRS Capital Advisors Inc. increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 5.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock valued at $1,031,000 after acquiring an additional 1,242 shares during the period.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

Shares of NASDAQ:LEGR opened at $53.43 on Friday. First Trust Indxx Innovative Transaction & Process ETF has a 1 year low of $37.28 and a 1 year high of $53.76. The company has a market cap of $101.51 million, a PE ratio of 14.29 and a beta of 0.97. The stock’s 50-day moving average is $51.15 and its 200 day moving average is $49.05.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, June 26th will be paid a dividend of $0.5579 per share. The ex-dividend date is Thursday, June 26th. This is a boost from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.13. This represents a $2.23 annualized dividend and a dividend yield of 4.18%.

First Trust Indxx Innovative Transaction & Process ETF 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.