First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Down 76.7% in June

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 140 shares, a drop of 76.7% from the June 15th total of 600 shares. Based on an average daily trading volume, of 2,137 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

First Trust Indxx Innovative Transaction & Process ETF Price Performance

LEGR stock traded up $0.18 during midday trading on Friday, reaching $64.51. 851 shares of the company’s stock traded hands, compared to its average volume of 6,013. First Trust Indxx Innovative Transaction & Process ETF has a fifty-two week low of $52.47 and a fifty-two week high of $67.72. The business has a 50-day moving average price of $64.89 and a two-hundred day moving average price of $61.99. The company has a market capitalization of $129.02 million, a P/E ratio of 14.62 and a beta of 0.87.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.6211 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.9%. This is a boost from First Trust Indxx Innovative Transaction & Process ETF’s previous quarterly dividend of $0.14.

Institutional Trading of First Trust Indxx Innovative Transaction & Process ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its position in First Trust Indxx Innovative Transaction & Process ETF by 0.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 40,208 shares of the company’s stock worth $2,164,000 after acquiring an additional 186 shares in the last quarter. Cetera Investment Advisers grew its position in First Trust Indxx Innovative Transaction & Process ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 4,502 shares of the company’s stock valued at $260,000 after acquiring an additional 330 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% during the fourth 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 period. Kestra Advisory Services LLC raised its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 9.9% during the first quarter. Kestra Advisory Services LLC now owns 5,496 shares of the company’s stock valued at $317,000 after purchasing an additional 494 shares during the period. Finally, WealthCare Investment Partners LLC lifted its position in shares of First Trust Indxx Innovative Transaction & Process ETF by 5.2% during the fourth quarter. WealthCare Investment Partners LLC now owns 10,753 shares of the company’s stock worth $649,000 after purchasing an additional 536 shares in the last quarter.

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.