Commonwealth Equity Services LLC raised its position in First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Free Report) by 38.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 129,548 shares of the company’s stock after purchasing an additional 35,807 shares during the period. Commonwealth Equity Services LLC owned approximately 0.07% of First Trust High Income Strategic Focus ETF worth $5,861,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HISF. Geneos Wealth Management Inc. boosted its position in First Trust High Income Strategic Focus ETF by 57.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 440,757 shares of the company’s stock valued at $19,944,000 after buying an additional 160,837 shares during the last quarter. LPL Financial LLC boosted its position in First Trust High Income Strategic Focus ETF by 30.6% in the 4th quarter. LPL Financial LLC now owns 209,368 shares of the company’s stock valued at $9,473,000 after buying an additional 49,082 shares during the last quarter. Betterment LLC purchased a new position in First Trust High Income Strategic Focus ETF in the 3rd quarter valued at about $1,914,000. Flow Traders U.S. LLC purchased a new position in First Trust High Income Strategic Focus ETF in the 3rd quarter valued at about $550,000. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust High Income Strategic Focus ETF in the 3rd quarter valued at about $498,000. 51.36% of the stock is owned by hedge funds and other institutional investors.
First Trust High Income Strategic Focus ETF Stock Performance
Shares of First Trust High Income Strategic Focus ETF stock opened at $44.18 on Friday. The firm has a market cap of $90.57 million, a PE ratio of 0.06 and a beta of 0.27. The firm’s 50-day simple moving average is $44.44 and its 200-day simple moving average is $44.91. First Trust High Income Strategic Focus ETF has a 1 year low of $43.89 and a 1 year high of $45.61.
First Trust High Income Strategic Focus ETF Dividend Announcement
About First Trust High Income Strategic Focus ETF
The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.
Featured Stories
- Five stocks we like better than First Trust High Income Strategic Focus ETF
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Want to see what other hedge funds are holding HISF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Free Report).
Receive News & Ratings for First Trust High Income Strategic Focus ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust High Income Strategic Focus ETF and related companies with MarketBeat.com's FREE daily email newsletter.
