First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Trading Up 0.4% – Time to Buy?

Shares of First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) traded up 0.4% during trading on Tuesday . The company traded as high as $50.26 and last traded at $50.28. 3,312 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 5,468 shares. The stock had previously closed at $50.10.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

The firm’s 50 day moving average is $47.73 and its 200 day moving average is $46.62. The company has a market cap of $93.03 million, a PE ratio of 13.52 and a beta of 0.97.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2212 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Indxx Innovative Transaction & Process ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Financial Engines Advisors L.L.C. increased its stake in First Trust Indxx Innovative Transaction & Process ETF by 42.5% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 136,906 shares of the company’s stock worth $6,352,000 after acquiring an additional 40,854 shares during the last quarter. Alpha Omega Group Inc. grew its holdings in shares of 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 worth $4,411,000 after purchasing an additional 2,489 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 1.3% in the fourth quarter. Ameriprise Financial Inc. now owns 39,530 shares of the company’s stock worth $1,834,000 after purchasing an additional 519 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in First Trust Indxx Innovative Transaction & Process ETF by 5.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock valued at $1,031,000 after purchasing an additional 1,242 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at approximately $829,000.

About First Trust Indxx Innovative Transaction & Process ETF

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.