Patriot Financial Group Insurance Agency LLC Buys 220,521 Shares of First Trust Innovation Leaders ETF $ILDR

Patriot Financial Group Insurance Agency LLC boosted its stake in First Trust Innovation Leaders ETF (NYSEARCA:ILDR) by 1,675.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,684 shares of the company’s stock after purchasing an additional 220,521 shares during the quarter. Patriot Financial Group Insurance Agency LLC owned about 3.34% of First Trust Innovation Leaders ETF worth $6,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Sound Income Strategies LLC bought a new position in shares of First Trust Innovation Leaders ETF in the 4th quarter worth $40,000. Bank of America Corp DE raised its position in shares of First Trust Innovation Leaders ETF by 328.5% during the 3rd quarter. Bank of America Corp DE now owns 2,794 shares of the company’s stock valued at $90,000 after buying an additional 2,142 shares in the last quarter. Triumph Capital Management bought a new stake in shares of First Trust Innovation Leaders ETF during the 3rd quarter worth $136,000. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Innovation Leaders ETF during the 2nd quarter worth $150,000. Finally, Raymond James Financial Inc. purchased a new position in First Trust Innovation Leaders ETF in the second quarter worth $156,000.

First Trust Innovation Leaders ETF Stock Performance

Shares of NYSEARCA:ILDR opened at $37.36 on Friday. The firm has a market capitalization of $261.52 million, a PE ratio of 39.35 and a beta of 1.29. First Trust Innovation Leaders ETF has a 52-week low of $28.19 and a 52-week high of $40.84. The firm has a fifty day moving average of $37.16 and a 200 day moving average of $33.84.

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.