122,013 Shares in First Trust Innovation Leaders ETF $ILDR Acquired by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC purchased a new position in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 122,013 shares of the company’s stock, valued at approximately $4,025,000. First Trust Innovation Leaders ETF accounts for about 0.8% of Mach 1 Financial Group LLC’s portfolio, making the stock its 28th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of ILDR. Sound Income Strategies LLC acquired a new stake in shares of First Trust Innovation Leaders ETF in the 4th quarter worth approximately $40,000. Bank of America Corp DE grew its holdings in shares of First Trust Innovation Leaders ETF by 328.5% in the 3rd quarter. Bank of America Corp DE now owns 2,794 shares of the company’s stock worth $90,000 after acquiring an additional 2,142 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of First Trust Innovation Leaders ETF in the 3rd quarter worth approximately $113,000. Triumph Capital Management acquired a new stake in shares of First Trust Innovation Leaders ETF in the 3rd quarter worth approximately $136,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of First Trust Innovation Leaders ETF in the 2nd quarter worth approximately $150,000.

First Trust Innovation Leaders ETF Price Performance

ILDR opened at $37.07 on Thursday. First Trust Innovation Leaders ETF has a 1-year low of $25.91 and a 1-year high of $38.02. The stock’s 50 day simple moving average is $33.00 and its 200 day simple moving average is $32.81. The stock has a market cap of $259.49 million, a P/E ratio of 39.35 and a beta of 1.27.

About First Trust Innovation Leaders ETF

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.