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

First Trust Innovation Leaders ETF (NYSEARCA:ILDR) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 17,736 shares, a decline of 62.3% from the February 12th total of 47,028 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 78,368 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 78,368 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On First Trust Innovation Leaders ETF

A number of large investors have recently modified their holdings of ILDR. Mutual Advisors LLC bought a new position in First Trust Innovation Leaders ETF in the third quarter valued at about $742,000. Apeiron RIA LLC bought a new position in shares of First Trust Innovation Leaders ETF in the third quarter worth about $626,000. AE Wealth Management LLC boosted its stake in shares of First Trust Innovation Leaders ETF by 23.2% in the 2nd quarter. AE Wealth Management LLC now owns 36,858 shares of the company’s stock valued at $1,085,000 after purchasing an additional 6,937 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of First Trust Innovation Leaders ETF by 36.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 69,610 shares of the company’s stock valued at $2,255,000 after purchasing an additional 18,470 shares during the last quarter. Finally, Prospera Financial Services Inc bought a new stake in shares of First Trust Innovation Leaders ETF during the 2nd quarter valued at approximately $1,461,000.

First Trust Innovation Leaders ETF Trading Up 0.4%

Shares of First Trust Innovation Leaders ETF stock opened at $31.37 on Wednesday. The company has a market cap of $214.88 million, a PE ratio of 39.35 and a beta of 1.23. The company has a 50 day moving average of $32.39 and a 200-day moving average of $32.57. First Trust Innovation Leaders ETF has a 1-year low of $19.74 and a 1-year high of $35.28.

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.