IFP Advisors Inc Has $127,000 Holdings in First Trust Bloomberg R&D Leaders ETF $RND

IFP Advisors Inc grew its holdings in shares of First Trust Bloomberg R&D Leaders ETF (NYSEARCA:RND) by 153.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,738 shares of the company’s stock after purchasing an additional 2,866 shares during the period. IFP Advisors Inc owned about 3.16% of First Trust Bloomberg R&D Leaders ETF worth $127,000 at the end of the most recent quarter.

Separately, Brio Consultants LLC acquired a new position in shares of First Trust Bloomberg R&D Leaders ETF during the 1st quarter worth approximately $361,000.

First Trust Bloomberg R&D Leaders ETF Trading Up 0.6%

NYSEARCA RND opened at $29.69 on Friday. The firm has a market capitalization of $2.97 million and a price-to-earnings ratio of 34.30. The firm’s 50 day simple moving average is $28.90 and its 200 day simple moving average is $26.39. First Trust Bloomberg R&D Leaders ETF has a 1 year low of $19.84 and a 1 year high of $30.11.

About First Trust Bloomberg R&D Leaders ETF

The First Trust Bloomberg R&D Leaders ETF (RND) is an exchange-traded fund that is based on the Bloomberg R&D Leaders Select TR index. The fund tracks a market cap-weighted index of 30-50 US stocks with substantial expenditures dedicated to research and development. RND was launched on Apr 30, 2024 and is issued by First Trust.