Harbour Investments Inc. grew its stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report) by 843.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 74,203 shares of the company’s stock after acquiring an additional 66,336 shares during the period. Harbour Investments Inc. owned about 0.87% of First Trust Structured Credit Income Opportunities ETF worth $1,543,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Strategic Planning Group LLC raised its stake in shares of First Trust Structured Credit Income Opportunities ETF by 7.5% in the 4th quarter. Strategic Planning Group LLC now owns 788,845 shares of the company’s stock valued at $16,408,000 after acquiring an additional 54,961 shares during the period. Ferguson Shapiro LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 4th quarter valued at approximately $16,197,000. Delta Investment Management LLC raised its stake in shares of First Trust Structured Credit Income Opportunities ETF by 48.0% in the 4th quarter. Delta Investment Management LLC now owns 254,274 shares of the company’s stock valued at $5,289,000 after acquiring an additional 82,519 shares during the period. Foundations Investment Advisors LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at approximately $4,045,000. Finally, Crux Wealth Advisors purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 4th quarter valued at approximately $2,721,000. 0.83% of the stock is owned by hedge funds and other institutional investors.
First Trust Structured Credit Income Opportunities ETF Stock Performance
First Trust Structured Credit Income Opportunities ETF stock opened at $20.63 on Friday. The company’s 50 day simple moving average is $20.66 and its 200-day simple moving average is $20.77. The company has a market capitalization of $352.77 million, a price-to-earnings ratio of -272.46 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.32 and a 1 year high of $21.78.
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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