Tradewinds LLC. Buys Shares of 58,766 First Trust Innovation Leaders ETF $ILDR

Tradewinds LLC. purchased a new position in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 58,766 shares of the company’s stock, valued at approximately $1,730,000. First Trust Innovation Leaders ETF makes up 1.3% of Tradewinds LLC.’s investment portfolio, making the stock its 22nd biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in First Trust Innovation Leaders ETF in the first quarter worth about $1,538,000. Kraft Davis & Associates LLC bought a new stake in shares of First Trust Innovation Leaders ETF during the 2nd quarter worth about $1,873,000. Assetmark Inc. raised its position in shares of First Trust Innovation Leaders ETF by 55.1% during the 2nd quarter. Assetmark Inc. now owns 167,000 shares of the company’s stock worth $4,915,000 after buying an additional 59,322 shares in the last quarter. Maia Wealth LLC acquired a new stake in shares of First Trust Innovation Leaders ETF in the 1st quarter worth approximately $373,000. Finally, Jane Street Group LLC boosted its holdings in shares of First Trust Innovation Leaders ETF by 88.6% in the first quarter. Jane Street Group LLC now owns 30,309 shares of the company’s stock valued at $707,000 after acquiring an additional 14,238 shares in the last quarter.

First Trust Innovation Leaders ETF Price Performance

Shares of NYSEARCA:ILDR opened at $34.00 on Friday. The stock has a market cap of $185.30 million, a price-to-earnings ratio of 39.35 and a beta of 1.23. First Trust Innovation Leaders ETF has a 12 month low of $19.74 and a 12 month high of $34.76. The stock’s 50 day moving average price is $32.32 and its 200 day moving average price is $29.23.

First Trust Innovation Leaders ETF Company 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.