Mutual Advisors LLC Buys Shares of 22,211 First Trust Innovation Leaders ETF $ILDR

Mutual Advisors LLC purchased a new stake in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 22,211 shares of the company’s stock, valued at approximately $742,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. grew its stake in First Trust Innovation Leaders ETF by 55.1% during the second quarter. Assetmark Inc. now owns 167,000 shares of the company’s stock valued at $4,915,000 after acquiring an additional 59,322 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in First Trust Innovation Leaders ETF by 1,741.5% in the 3rd quarter. Geneos Wealth Management Inc. now owns 93,919 shares of the company’s stock valued at $3,042,000 after purchasing an additional 88,819 shares during the period. Merkkuri Wealth Advisors LLC grew its position in shares of First Trust Innovation Leaders ETF by 8.2% during the 3rd quarter. Merkkuri Wealth Advisors LLC now owns 63,568 shares of the company’s stock valued at $2,059,000 after purchasing an additional 4,802 shares in the last quarter. Kraft Davis & Associates LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth $1,873,000. Finally, Tradewinds LLC. bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth $1,730,000.

First Trust Innovation Leaders ETF Stock Performance

NYSEARCA:ILDR opened at $30.53 on Friday. First Trust Innovation Leaders ETF has a 52-week low of $19.74 and a 52-week high of $35.28. The stock has a fifty day moving average of $33.20 and a 200 day moving average of $32.37. The firm has a market capitalization of $209.13 million, a price-to-earnings ratio of 39.35 and a beta of 1.23.

About First Trust Innovation Leaders ETF

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.