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 large decline in short interest in June. As of June 30th, there was short interest totaling 140 shares, a decline of 76.7% from the June 15th total of 600 shares. Based on an average daily trading volume, of 2,137 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

First Trust Indxx Innovative Transaction & Process ETF Stock Up 0.3%

Shares of First Trust Indxx Innovative Transaction & Process ETF stock traded up $0.18 during trading hours on Friday, hitting $64.51. 851 shares of the company’s stock traded hands, compared to its average volume of 6,013. The stock has a 50 day simple moving average of $64.89 and a 200-day simple moving average of $61.99. The company has a market cap of $129.02 million, a PE ratio of 14.62 and a beta of 0.87. First Trust Indxx Innovative Transaction & Process ETF has a twelve month low of $52.47 and a twelve month high of $67.72.

First Trust Indxx Innovative Transaction & Process ETF Increases Dividend

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

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

A number of hedge funds have recently bought and sold shares of the business. Wells Fargo & Company MN increased its holdings in First Trust Indxx Innovative Transaction & Process ETF by 22,400.0% during the 4th quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock worth $27,000 after purchasing an additional 448 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of First Trust Indxx Innovative Transaction & Process ETF during the first quarter worth approximately $141,000. Sound Income Strategies LLC increased its stake in shares of First Trust Indxx Innovative Transaction & Process ETF by 3,412.8% in the fourth quarter. Sound Income Strategies LLC now owns 2,740 shares of the company’s stock worth $169,000 after buying an additional 2,662 shares during the last quarter. Vertex Planning Partners LLC acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at $208,000. Finally, Prospera Financial Services Inc acquired a new stake in First Trust Indxx Innovative Transaction & Process ETF in the fourth quarter valued at $215,000.

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.