First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) Short Interest Down 14.8% in February

First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 2,300 shares, a decrease of 14.8% from the February 13th total of 2,700 shares. Based on an average trading volume of 6,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

First Trust Indxx Innovative Transaction & Process ETF Stock Down 0.2 %

Shares of LEGR traded down $0.12 on Wednesday, reaching $50.00. The stock had a trading volume of 2,890 shares, compared to its average volume of 6,915. The firm has a market capitalization of $92.50 million, a PE ratio of 14.04 and a beta of 0.97. The firm has a 50-day moving average of $48.71 and a 200 day moving average of $47.39. First Trust Indxx Innovative Transaction & Process ETF has a twelve month low of $37.28 and a twelve month high of $50.70.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. IHT Wealth Management LLC purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter valued at approximately $205,000. Stifel Financial Corp purchased a new position in shares of First Trust Indxx Innovative Transaction & Process ETF in the 3rd quarter worth $201,000. SRS Capital Advisors Inc. increased its holdings 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 purchasing an additional 1,242 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF in the 4th quarter valued at $829,000. Finally, Alpha Omega Group Inc. increased its holdings in First Trust Indxx Innovative Transaction & Process ETF by 2.7% in the 4th quarter. Alpha Omega Group Inc. now owns 95,069 shares of the company’s stock valued at $4,411,000 after purchasing an additional 2,489 shares in the last quarter.

First Trust Indxx Innovative Transaction & Process ETF Company Profile

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.