Commonwealth Equity Services LLC Acquires 2,882 Shares of First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)

Commonwealth Equity Services LLC grew its holdings in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) by 32.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,832 shares of the company’s stock after purchasing an additional 2,882 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.64% of First Trust Indxx Innovative Transaction & Process ETF worth $549,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Stifel Financial Corp bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the third quarter worth approximately $201,000. IHT Wealth Management LLC purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at $205,000. Raymond James Financial Inc. bought a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the 4th quarter worth $829,000. SRS Capital Advisors Inc. lifted its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 5.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock worth $1,031,000 after purchasing an additional 1,242 shares during the last quarter. Finally, Alpha Omega Group Inc. boosted its position in First Trust Indxx Innovative Transaction & Process ETF by 2.7% during the fourth quarter. Alpha Omega Group Inc. now owns 95,069 shares of the company’s stock valued at $4,411,000 after purchasing an additional 2,489 shares in the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

LEGR opened at $44.32 on Friday. The firm has a market capitalization of $81.99 million, a PE ratio of 14.18 and a beta of 0.97. The business’s 50-day moving average is $49.14 and its two-hundred day moving average is $47.74. First Trust Indxx Innovative Transaction & Process ETF has a 1 year low of $37.28 and a 1 year high of $50.35.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.125 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.50 annualized dividend and a dividend yield of 1.13%.

First Trust Indxx Innovative Transaction & Process ETF 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.