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 large drop in short interest in the month of February. As of February 15th, there was short interest totalling 2,700 shares, a drop of 86.2% from the January 31st total of 19,500 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of First Trust Indxx Innovative Transaction & Process ETF

Hedge funds have recently made changes to their positions in the stock. Stifel Financial Corp bought a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the 3rd quarter worth $201,000. IHT Wealth Management LLC purchased a new position in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter worth $205,000. Commonwealth Equity Services LLC raised its position in First Trust Indxx Innovative Transaction & Process ETF by 32.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 11,832 shares of the company’s stock worth $549,000 after purchasing an additional 2,882 shares during the period. Raymond James Financial Inc. purchased a new position in First Trust Indxx Innovative Transaction & Process ETF in the 4th quarter worth $829,000. Finally, SRS Capital Advisors Inc. raised its position 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 worth $1,031,000 after purchasing an additional 1,242 shares during the period.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

NASDAQ:LEGR traded up $0.18 during trading hours on Friday, hitting $49.30. The stock had a trading volume of 1,343 shares, compared to its average volume of 5,783. 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 $91.20 million, a price-to-earnings ratio of 14.50 and a beta of 0.97. The company has a 50 day simple moving average of $48.06 and a two-hundred day simple moving average of $46.92.

First Trust Indxx Innovative Transaction & Process ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2212 per share. 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.