Flow Traders U.S. LLC Sells 34,846 Shares of First Trust Innovation Leaders ETF $ILDR

Flow Traders U.S. LLC cut its stake in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 52.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,080 shares of the company’s stock after selling 34,846 shares during the period. Flow Traders U.S. LLC owned 1.04% of First Trust Innovation Leaders ETF worth $915,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new position in First Trust Innovation Leaders ETF during the second quarter valued at approximately $68,000. Foundations Investment Advisors LLC purchased a new position in shares of First Trust Innovation Leaders ETF during the 2nd quarter valued at $206,000. Key Client Fiduciary Advisors LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth $223,000. Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth $263,000. Finally, Redhawk Wealth Advisors Inc. raised its position in shares of First Trust Innovation Leaders ETF by 5.6% in the second quarter. Redhawk Wealth Advisors Inc. now owns 10,509 shares of the company’s stock worth $309,000 after buying an additional 559 shares in the last quarter.

First Trust Innovation Leaders ETF Stock Down 0.1%

First Trust Innovation Leaders ETF stock opened at $33.35 on Wednesday. The stock has a market cap of $183.43 million, a price-to-earnings ratio of 39.35 and a beta of 1.23. The business has a 50-day simple moving average of $33.22 and a 200 day simple moving average of $30.99. First Trust Innovation Leaders ETF has a 52 week low of $19.74 and a 52 week high of $34.82.

First Trust Innovation Leaders ETF Company Profile

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.