Assetmark Inc. Purchases 59,322 Shares of First Trust Innovation Leaders ETF $ILDR

Assetmark Inc. increased its position in shares of First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 55.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 167,000 shares of the company’s stock after acquiring an additional 59,322 shares during the period. Assetmark Inc. owned approximately 6.19% of First Trust Innovation Leaders ETF worth $4,915,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Client Fiduciary Advisors LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth approximately $223,000. Morey & Quinn Wealth Partners LLC bought a new position in shares of First Trust Innovation Leaders ETF in the second quarter worth approximately $263,000. Avantax Advisory Services Inc. bought a new position in shares of First Trust Innovation Leaders ETF in the first quarter worth approximately $269,000. Strategic Blueprint LLC bought a new position in shares of First Trust Innovation Leaders ETF in the first quarter worth approximately $290,000. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of First Trust Innovation Leaders ETF by 5.6% in the second quarter. Redhawk Wealth Advisors Inc. now owns 10,509 shares of the company’s stock worth $309,000 after purchasing an additional 559 shares during the last quarter.

First Trust Innovation Leaders ETF Trading Up 1.1%

ILDR stock opened at $34.36 on Monday. The company’s 50 day moving average is $32.40 and its 200 day moving average is $29.41. The stock has a market cap of $187.26 million, a price-to-earnings ratio of 39.35 and a beta of 1.23. First Trust Innovation Leaders ETF has a 1-year low of $19.74 and a 1-year high of $34.76.

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.