Assetmark Inc. Increases Stock Position in First Trust Innovation Leaders ETF $ILDR

Assetmark Inc. grew its stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 15.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 233,218 shares of the company’s stock after buying an additional 30,989 shares during the quarter. Assetmark Inc.’s holdings in First Trust Innovation Leaders ETF were worth $6,945,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its position in First Trust Innovation Leaders ETF by 42.4% during the first quarter. Sanctuary Advisors LLC now owns 99,914 shares of the company’s stock valued at $2,975,000 after acquiring an additional 29,731 shares during the last quarter. Sigma Planning Corp boosted its position in First Trust Innovation Leaders ETF by 63.3% during the 1st quarter. Sigma Planning Corp now owns 67,350 shares of the company’s stock valued at $2,006,000 after buying an additional 26,110 shares during the period. HBW Advisory Services LLC lifted its holdings in First Trust Innovation Leaders ETF by 13.3% in the 1st quarter. HBW Advisory Services LLC now owns 148,261 shares of the company’s stock worth $4,415,000 after buying an additional 17,357 shares during the period. Fifth Third Bancorp boosted its holdings in First Trust Innovation Leaders ETF by 690.2% in the first quarter. Fifth Third Bancorp now owns 5,152 shares of the company’s stock valued at $153,000 after acquiring an additional 4,500 shares in the last quarter. Finally, Triton Wealth Management PLLC increased its position in First Trust Innovation Leaders ETF by 4.3% during the 1st quarter. Triton Wealth Management PLLC now owns 7,344 shares of the company’s stock valued at $224,000 after purchasing an additional 300 shares during the period.

First Trust Innovation Leaders ETF Price Performance

Shares of NYSEARCA ILDR opened at $37.91 on Wednesday. The company’s 50-day moving average is $38.20 and its 200 day moving average is $34.46. The stock has a market capitalization of $305.18 million, a P/E ratio of 39.35 and a beta of 1.29. First Trust Innovation Leaders ETF has a 1 year low of $28.19 and a 1 year high of $40.99.

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.