Assetmark Inc. Grows Stake in First Trust Innovation Leaders ETF $ILDR

Assetmark Inc. grew its position in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 17.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 202,229 shares of the company’s stock after purchasing an additional 29,785 shares during the quarter. Assetmark Inc. owned about 3.02% of First Trust Innovation Leaders ETF worth $6,672,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC purchased a new stake in shares of First Trust Innovation Leaders ETF during the fourth quarter valued at $40,000. Bank of America Corp DE grew its holdings in shares of First Trust Innovation Leaders ETF by 328.5% during the third quarter. Bank of America Corp DE now owns 2,794 shares of the company’s stock valued at $90,000 after buying an additional 2,142 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of First Trust Innovation Leaders ETF during the third quarter valued at $113,000. Triumph Capital Management purchased a new stake in shares of First Trust Innovation Leaders ETF during the third quarter valued at $136,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of First Trust Innovation Leaders ETF during the second quarter valued at $150,000.

First Trust Innovation Leaders ETF Price Performance

Shares of ILDR opened at $34.45 on Friday. The firm has a market capitalization of $241.15 million, a PE ratio of 39.35 and a beta of 1.23. First Trust Innovation Leaders ETF has a 1-year low of $21.37 and a 1-year high of $35.28. The company’s fifty day moving average price is $31.12 and its 200-day moving average price is $32.47.

First Trust Innovation Leaders ETF 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.