First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Trading Up 0.5% – Here’s What Happened

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)’s share price shot up 0.5% on Monday . The company traded as high as $66.83 and last traded at $66.11. 2,690 shares traded hands during trading, a decline of 58% from the average session volume of 6,458 shares. The stock had previously closed at $65.79.

First Trust Indxx Innovative Transaction & Process ETF Stock Performance

The firm has a market cap of $135.53 million, a P/E ratio of 14.62 and a beta of 0.86. The firm has a fifty day moving average of $64.28 and a 200-day moving average of $61.43.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.1444 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

Hedge Funds Weigh In On First Trust Indxx Innovative Transaction & Process ETF

Several institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN lifted its position in First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% in the 4th quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $27,000 after purchasing an additional 448 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the first quarter valued at approximately $141,000. Sound Income Strategies LLC boosted its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 3,412.8% during the fourth quarter. Sound Income Strategies LLC now owns 2,740 shares of the company’s stock worth $169,000 after buying an additional 2,662 shares during the period. Vertex Planning Partners LLC acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the fourth quarter worth approximately $208,000. Finally, Prospera Financial Services Inc bought a new position in First Trust Indxx Innovative Transaction & Process ETF in the 4th quarter worth approximately $215,000.

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.