Flputnam Investment Management Co. Trims Position in First Trust Indxx Innovative Transaction & Process ETF $LEGR

Flputnam Investment Management Co. decreased its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) by 26.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,198 shares of the company’s stock after selling 24,785 shares during the quarter. Flputnam Investment Management Co. owned about 3.38% of First Trust Indxx Innovative Transaction & Process ETF worth $3,890,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriprise Financial Inc. lifted its position in First Trust Indxx Innovative Transaction & Process ETF by 0.5% during the second quarter. Ameriprise Financial Inc. now owns 40,208 shares of the company’s stock worth $2,164,000 after buying an additional 186 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 2nd quarter valued at about $56,000. Jane Street Group LLC acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter valued at about $224,000. Flow Traders U.S. LLC purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter worth about $618,000. Finally, Benjamin Edwards Inc. purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter worth about $1,364,000.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

LEGR opened at $59.09 on Monday. First Trust Indxx Innovative Transaction & Process ETF has a 1 year low of $41.87 and a 1 year high of $59.93. The company’s 50 day simple moving average is $57.80 and its 200 day simple moving average is $55.62. The stock has a market capitalization of $124.09 million, a PE ratio of 14.62 and a beta of 0.90.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a dividend of $0.2611 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $1.04 annualized dividend and a dividend yield of 1.8%. This is a boost from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.15.

About First Trust Indxx Innovative Transaction & Process ETF

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.