First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Sees Significant Decrease in Short Interest

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 2,700 shares, a drop of 86.2% from the January 31st total of 19,500 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

Shares of First Trust Indxx Innovative Transaction & Process ETF stock opened at $49.12 on Friday. The firm has a market cap of $90.87 million, a PE ratio of 14.50 and a beta of 0.97. The business’s 50 day simple moving average is $48.06 and its 200 day simple moving average is $46.92. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $37.28 and a 52-week high of $50.26.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.2212 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust Indxx Innovative Transaction & Process ETF

A number of institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in First Trust Indxx Innovative Transaction & Process ETF by 1.3% in the 4th quarter. Ameriprise Financial Inc. now owns 39,530 shares of the company’s stock valued at $1,834,000 after buying an additional 519 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 27.8% in the 4th quarter. IHT Wealth Management LLC now owns 5,559 shares of the company’s stock valued at $258,000 after acquiring an additional 1,210 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at about $829,000. Financial Engines Advisors L.L.C. raised its holdings in First Trust Indxx Innovative Transaction & Process ETF by 42.5% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 136,906 shares of the company’s stock worth $6,352,000 after acquiring an additional 40,854 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in First Trust Indxx Innovative Transaction & Process ETF by 32.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 11,832 shares of the company’s stock worth $549,000 after acquiring an additional 2,882 shares in the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

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.