Newman Dignan & Sheerar Inc. Purchases New Position in First Trust Innovation Leaders ETF $ILDR

Newman Dignan & Sheerar Inc. acquired a new position in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 10,919 shares of the company’s stock, valued at approximately $321,000.

Other institutional investors also recently made changes to their positions in the company. Sowell Financial Services LLC bought a new position in shares of First Trust Innovation Leaders ETF during the first quarter worth approximately $315,000. Avantax Advisory Services Inc. bought a new position in First Trust Innovation Leaders ETF during the 1st quarter worth $269,000. Envestnet Asset Management Inc. increased its position in First Trust Innovation Leaders ETF by 7.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 22,963 shares of the company’s stock worth $536,000 after buying an additional 1,604 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust Innovation Leaders ETF by 6.4% during the first quarter. Cetera Investment Advisers now owns 54,767 shares of the company’s stock worth $1,277,000 after buying an additional 3,300 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. bought a new stake in shares of First Trust Innovation Leaders ETF in the first quarter valued at about $232,000.

First Trust Innovation Leaders ETF Stock Performance

ILDR stock opened at $32.76 on Thursday. First Trust Innovation Leaders ETF has a 52 week low of $19.74 and a 52 week high of $34.17. The company has a market capitalization of $98.28 million, a PE ratio of 39.35 and a beta of 1.09. The company’s 50-day simple moving average is $30.94 and its 200 day simple moving average is $27.71.

First Trust Innovation Leaders ETF 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.