First Trust Indxx Innovative Transaction & Process ETF $LEGR Stock: Vontobel Holding Ltd. Trims Stake

Vontobel Holding Ltd. lessened its stake in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR – Free Report) by 44.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the company’s stock after selling 8,000 shares during the quarter. Vontobel Holding Ltd. owned 0.51% of First Trust Indxx Innovative Transaction & Process ETF worth $652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of LEGR. Farther Finance Advisors LLC grew its position in First Trust Indxx Innovative Transaction & Process ETF by 96.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 763 shares of the company’s stock valued at $50,000 after purchasing an additional 375 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in First Trust Indxx Innovative Transaction & Process ETF during the 2nd quarter valued at about $80,000. Western Wealth Management LLC bought a new stake in First Trust Indxx Innovative Transaction & Process ETF during the 1st quarter valued at about $141,000. Cetera Investment Advisers raised its holdings in First Trust Indxx Innovative Transaction & Process ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 4,502 shares of the company’s stock worth $260,000 after buying an additional 330 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in First Trust Indxx Innovative Transaction & Process ETF by 9.9% in the first quarter. Kestra Advisory Services LLC now owns 5,496 shares of the company’s stock worth $317,000 after buying an additional 494 shares during the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

Shares of NASDAQ LEGR opened at $65.30 on Wednesday. The firm’s 50 day moving average price is $66.20 and its 200-day moving average price is $64.81. The company has a market cap of $127.33 million, a PE ratio of 14.62 and a beta of 0.87. First Trust Indxx Innovative Transaction & Process ETF has a 52-week low of $55.42 and a 52-week high of $67.79.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.1762 per share. This represents a $0.70 annualized dividend and a dividend yield of 1.1%. This is a decrease from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.6211. The ex-dividend date of this dividend was Thursday, September 24th.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding LEGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR – Free Report).

Institutional Ownership by Quarter for First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)

Receive News & Ratings for First Trust Indxx Innovative Transaction & Process ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Indxx Innovative Transaction & Process ETF and related companies with MarketBeat.com's FREE daily email newsletter.