Thurston Springer Miller Herd & Titak Inc. Reduces Position in First Trust Innovation Leaders ETF $ILDR

Thurston Springer Miller Herd & Titak Inc. cut its stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 88.3% in the third quarter, Holdings Channel.com reports. The firm owned 3,538 shares of the company’s stock after selling 26,591 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust Innovation Leaders ETF were worth $115,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in shares of First Trust Innovation Leaders ETF by 55.1% in the 2nd quarter. Assetmark Inc. now owns 167,000 shares of the company’s stock worth $4,915,000 after acquiring an additional 59,322 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in First Trust Innovation Leaders ETF by 1.1% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 80,430 shares of the company’s stock worth $2,367,000 after purchasing an additional 850 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in First Trust Innovation Leaders ETF during the first quarter worth about $1,538,000. Kraft Davis & Associates LLC acquired a new position in First Trust Innovation Leaders ETF in the 2nd quarter valued at about $1,873,000. Finally, Tradewinds LLC. purchased a new stake in shares of First Trust Innovation Leaders ETF in the 2nd quarter valued at approximately $1,730,000.

First Trust Innovation Leaders ETF Stock Down 2.6%

ILDR stock opened at $31.63 on Thursday. The business has a fifty day moving average of $33.17 and a two-hundred day moving average of $31.22. The stock has a market cap of $173.97 million, a price-to-earnings ratio of 39.35 and a beta of 1.23. First Trust Innovation Leaders ETF has a 52-week low of $19.74 and a 52-week high of $34.82.

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.