First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Down 86.2% in February

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 2,700 shares, a decline of 86.2% from the January 31st total of 19,500 shares. Based on an average daily trading volume, of 9,300 shares, the days-to-cover ratio is presently 0.3 days.

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

Several hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the third quarter valued at $201,000. IHT Wealth Management LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 3rd quarter worth about $205,000. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Indxx Innovative Transaction & Process ETF by 32.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,832 shares of the company’s stock worth $549,000 after buying an additional 2,882 shares during the period. Raymond James Financial Inc. bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 4th quarter worth about $829,000. Finally, SRS Capital Advisors Inc. grew its stake in First Trust Indxx Innovative Transaction & Process ETF by 5.9% in the 4th quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock valued at $1,031,000 after buying an additional 1,242 shares during the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Trading Down 1.2 %

NASDAQ:LEGR traded down $0.61 on Thursday, hitting $49.12. The company’s stock had a trading volume of 35,248 shares, compared to its average volume of 5,901. First Trust Indxx Innovative Transaction & Process ETF has a one year low of $37.28 and a one year high of $50.26. The firm has a market capitalization of $90.87 million, a P/E ratio of 14.50 and a beta of 0.97. The stock has a fifty day moving average of $48.00 and a two-hundred day moving average of $46.91.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

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

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.