Citadel Advisors LLC Makes New Investment in First Trust Bloomberg R&D Leaders ETF $RND

Citadel Advisors LLC purchased a new position in shares of First Trust Bloomberg R&D Leaders ETF (NYSEARCA:RND) in the second quarter, HoldingsChannel reports. The institutional investor purchased 32,440 shares of the company’s stock, valued at approximately $1,037,000. Citadel Advisors LLC owned approximately 0.11% of First Trust Bloomberg R&D Leaders ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. International Assets Investment Management LLC bought a new stake in shares of First Trust Bloomberg R&D Leaders ETF in the fourth quarter valued at approximately $140,000. IFP Advisors Inc increased its position in First Trust Bloomberg R&D Leaders ETF by 42.9% during the fourth quarter. IFP Advisors Inc now owns 6,528 shares of the company’s stock worth $198,000 after acquiring an additional 1,960 shares during the period. Finally, Jane Street Group LLC bought a new position in First Trust Bloomberg R&D Leaders ETF during the fourth quarter worth $627,000.

First Trust Bloomberg R&D Leaders ETF Price Performance

NYSEARCA:RND opened at $32.40 on Friday. The stock has a market cap of $9.72 million, a P/E ratio of 34.30 and a beta of 1.25. First Trust Bloomberg R&D Leaders ETF has a one year low of $26.25 and a one year high of $33.68. The company has a fifty day moving average price of $32.43 and a 200 day moving average price of $30.95.

About First Trust Bloomberg R&D Leaders ETF

The First Trust Bloomberg R&D Leaders ETF (RND) is an exchange-traded fund that is based on the Bloomberg R&D Leaders Select TR index. The fund tracks a market cap-weighted index of 30-50 US stocks with substantial expenditures dedicated to research and development. RND was launched on Apr 30, 2024 and is issued by First Trust.