Royal Bank of Canada boosted its holdings in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Free Report) by 72.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,120 shares of the company’s stock after acquiring an additional 26,452 shares during the period. Royal Bank of Canada’s holdings in First Trust High Income Strategic Focus ETF were worth $2,799,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its stake in First Trust High Income Strategic Focus ETF by 18.3% during the fourth quarter. Osaic Holdings Inc. now owns 3,232 shares of the company’s stock worth $146,000 after buying an additional 500 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of First Trust High Income Strategic Focus ETF by 4.4% in the 4th quarter. CreativeOne Wealth LLC now owns 11,905 shares of the company’s stock worth $539,000 after acquiring an additional 502 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of First Trust High Income Strategic Focus ETF by 3.1% during the 4th quarter. Cetera Investment Advisers now owns 39,151 shares of the company’s stock worth $1,771,000 after acquiring an additional 1,192 shares during the period. Prospera Financial Services Inc raised its holdings in shares of First Trust High Income Strategic Focus ETF by 5.4% during the 4th quarter. Prospera Financial Services Inc now owns 26,740 shares of the company’s stock worth $1,210,000 after acquiring an additional 1,380 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust High Income Strategic Focus ETF during the 4th quarter valued at about $68,000. Hedge funds and other institutional investors own 51.36% of the company’s stock.
First Trust High Income Strategic Focus ETF Trading Down 0.0%
Shares of HISF stock opened at $43.97 on Monday. First Trust High Income Strategic Focus ETF has a twelve month low of $43.68 and a twelve month high of $45.61. The company’s 50-day moving average price is $44.15 and its 200-day moving average price is $44.53. The stock has a market cap of $98.93 million, a price-to-earnings ratio of 0.06 and a beta of 0.27.
First Trust High Income Strategic Focus ETF Announces Dividend
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.
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