First Trust Innovation Leaders ETF (NYSEARCA:ILDR) Short Interest Update

First Trust Innovation Leaders ETF (NYSEARCA:ILDR) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 33,808 shares, a decrease of 13.1% from the January 15th total of 38,895 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 102,877 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 102,877 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Trading of First Trust Innovation Leaders ETF

A number of large investors have recently made changes to their positions in ILDR. LPL Financial LLC lifted its holdings in shares of First Trust Innovation Leaders ETF by 36.1% in the 4th quarter. LPL Financial LLC now owns 1,698,125 shares of the company’s stock valued at $56,021,000 after acquiring an additional 450,296 shares during the last quarter. Atria Investments Inc raised its position in First Trust Innovation Leaders ETF by 0.5% during the fourth quarter. Atria Investments Inc now owns 262,910 shares of the company’s stock valued at $8,673,000 after purchasing an additional 1,286 shares during the period. Assetmark Inc. lifted its stake in shares of First Trust Innovation Leaders ETF by 17.3% in the 4th quarter. Assetmark Inc. now owns 202,229 shares of the company’s stock valued at $6,672,000 after purchasing an additional 29,785 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of First Trust Innovation Leaders ETF by 26.3% in the 4th quarter. Osaic Holdings Inc. now owns 133,007 shares of the company’s stock valued at $4,388,000 after purchasing an additional 27,729 shares during the last quarter. Finally, Mach 1 Financial Group LLC purchased a new position in shares of First Trust Innovation Leaders ETF in the 4th quarter worth approximately $4,025,000.

First Trust Innovation Leaders ETF Stock Performance

ILDR stock opened at $31.33 on Wednesday. The firm has a fifty day moving average price of $32.95 and a 200 day moving average price of $32.46. First Trust Innovation Leaders ETF has a fifty-two week low of $19.74 and a fifty-two week high of $35.28. The firm has a market cap of $214.61 million, a PE ratio of 39.35 and a beta of 1.23.

First Trust Innovation Leaders ETF Company 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.