Raymond James Financial Inc. Makes New Investment in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR)

Posted by ABMN Staff on Apr 6th, 2025

Raymond James Financial Inc. purchased a new stake in First Trust Indxx Innovative Transaction & Process ETF (NASDAQ:LEGR – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm purchased 17,873 shares of the company’s stock, valued at approximately $829,000.

A number of other institutional investors have also modified their holdings of LEGR. SRS Capital Advisors Inc. increased its position in First Trust Indxx Innovative Transaction & Process ETF by 5.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 22,221 shares of the company’s stock worth $1,031,000 after buying an additional 1,242 shares during the period. IHT Wealth Management LLC acquired a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the third quarter valued at $205,000. Finally, Stifel Financial Corp bought a new position in shares of First Trust Indxx Innovative Transaction & Process ETF during the third quarter worth about $201,000.

First Trust Indxx Innovative Transaction & Process ETF Stock Down 6.5 %

Shares of NASDAQ:LEGR opened at $44.32 on Friday. The company’s 50-day moving average price is $49.14 and its 200 day moving average price is $47.76. The company has a market cap of $81.99 million, a PE ratio of 14.18 and a beta of 0.97. First Trust Indxx Innovative Transaction & Process ETF has a fifty-two week low of $37.28 and a fifty-two week high of $50.35.

First Trust Indxx Innovative Transaction & Process ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.125 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.50 annualized dividend and a dividend yield of 1.13%.

About First Trust Indxx Innovative Transaction & Process ETF

(Free Report)

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.