Sigma Planning Corp acquired a new position in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 41,845 shares of the company’s stock, valued at approximately $864,000. Sigma Planning Corp owned about 0.24% of First Trust Structured Credit Income Opportunities ETF as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. First Trust Advisors LP boosted its stake in First Trust Structured Credit Income Opportunities ETF by 45.0% during the 2nd quarter. First Trust Advisors LP now owns 39,091 shares of the company’s stock valued at $808,000 after purchasing an additional 12,135 shares during the last quarter. Snowden Capital Advisors LLC purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF in the second quarter worth $1,687,000. Osaic Holdings Inc. bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the second quarter valued at $25,000. Citadel Advisors LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter valued at $533,000. Finally, IFP Advisors Inc bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter valued at $44,000. 0.83% of the stock is owned by institutional investors.
First Trust Structured Credit Income Opportunities ETF Price Performance
First Trust Structured Credit Income Opportunities ETF stock opened at $20.66 on Monday. First Trust Structured Credit Income Opportunities ETF has a one year low of $20.43 and a one year high of $21.69. The business’s fifty day moving average is $20.64 and its 200 day moving average is $20.74. The stock has a market capitalization of $485.51 million, a PE ratio of -272.86 and a beta of 0.07.
First Trust Structured Credit Income Opportunities ETF Company Profile
The First Trust Structured Credit Income Opportunities ETF (SCIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to maximize long-term income by holding intermediate-term structured credit investments such as RMBS, CMBS, CLOs, and ABS. Securities are of any credit quality. SCIO was launched on Feb 27, 2024 and is issued by First Trust.
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