First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Stock Price Up 0.6% – Here’s What Happened

Shares of First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) rose 0.6% on Thursday . The company traded as high as $62.51 and last traded at $62.32. Approximately 6,198 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 7,942 shares. The stock had previously closed at $61.94.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

The firm has a market cap of $124.64 million, a PE ratio of 14.62 and a beta of 0.85. The business has a 50-day moving average price of $59.63 and a two-hundred day moving average price of $59.13.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.1444 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.9%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LEGR. Raymond James Financial Inc. increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 189.8% in the second quarter. Raymond James Financial Inc. now owns 52,499 shares of the company’s stock valued at $2,825,000 after buying an additional 34,384 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the second quarter valued at $224,000. Ameriprise Financial Inc. increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 0.5% in the second quarter. Ameriprise Financial Inc. now owns 40,208 shares of the company’s stock valued at $2,164,000 after buying an additional 186 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the second quarter valued at $1,364,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the third quarter valued at $3,340,000.

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.