Envestnet Asset Management Inc. Purchases 17,499 Shares of First Trust Innovation Leaders ETF $ILDR

Envestnet Asset Management Inc. grew its holdings in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 53.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,006 shares of the company’s stock after purchasing an additional 17,499 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.92% of First Trust Innovation Leaders ETF worth $1,620,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in First Trust Innovation Leaders ETF by 1,741.5% in the third quarter. Geneos Wealth Management Inc. now owns 93,919 shares of the company’s stock valued at $3,042,000 after buying an additional 88,819 shares during the period. Assetmark Inc. raised its position in shares of First Trust Innovation Leaders ETF by 55.1% during the 2nd 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 during the last quarter. Prospera Financial Services Inc acquired a new position in shares of First Trust Innovation Leaders ETF in the 2nd quarter valued at $1,461,000. Mutual Advisors LLC bought a new position in shares of First Trust Innovation Leaders ETF in the 3rd quarter worth $742,000. Finally, Apeiron RIA LLC bought a new position in shares of First Trust Innovation Leaders ETF in the 3rd quarter worth $626,000.

First Trust Innovation Leaders ETF Trading Down 0.9%

NYSEARCA ILDR opened at $31.12 on Friday. First Trust Innovation Leaders ETF has a 12 month low of $19.74 and a 12 month high of $35.28. The stock has a 50-day simple moving average of $32.72 and a 200 day simple moving average of $32.51. The company has a market capitalization of $213.17 million, a PE ratio of 39.35 and a beta of 1.23.

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.