Cetera Investment Advisers Increases Stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR)

Cetera Investment Advisers increased its holdings in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 6.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,767 shares of the company’s stock after purchasing an additional 3,300 shares during the period. Cetera Investment Advisers owned approximately 2.33% of First Trust Innovation Leaders ETF worth $1,277,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Redhawk Wealth Advisors Inc. purchased a new stake in First Trust Innovation Leaders ETF during the 1st quarter valued at $232,000. Avantax Advisory Services Inc. bought a new position in shares of First Trust Innovation Leaders ETF in the 1st quarter worth about $269,000. Strategic Blueprint LLC bought a new position in shares of First Trust Innovation Leaders ETF in the 1st quarter worth about $290,000. Sowell Financial Services LLC purchased a new stake in First Trust Innovation Leaders ETF during the 1st quarter valued at about $315,000. Finally, NBC Securities Inc. grew its position in First Trust Innovation Leaders ETF by 109,718.8% during the 1st quarter. NBC Securities Inc. now owns 17,571 shares of the company’s stock valued at $409,000 after purchasing an additional 17,555 shares during the last quarter.

First Trust Innovation Leaders ETF Stock Down 0.5%

Shares of NYSEARCA ILDR opened at $29.96 on Monday. The firm’s 50-day moving average price is $29.13 and its 200-day moving average price is $26.48. The company has a market cap of $80.89 million, a PE ratio of 39.35 and a beta of 1.09. First Trust Innovation Leaders ETF has a 52-week low of $19.74 and a 52-week high of $34.17.

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.