Sigma Planning Corp bought a new position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 123,427 shares of the company’s stock, valued at approximately $2,460,000.
A number of other hedge funds have also added to or reduced their stakes in the business. NI Acquisitions Company LLC bought a new position in First Trust Structured Credit Income Opportunities ETF in the second quarter valued at $28,000. Raleigh Capital Management Inc. bought a new stake in First Trust Structured Credit Income Opportunities ETF during the 1st quarter worth about $30,000. Torren Management LLC bought a new stake in First Trust Structured Credit Income Opportunities ETF during the 1st quarter worth about $39,000. Noble Wealth Management PBC bought a new stake in First Trust Structured Credit Income Opportunities ETF during the 2nd quarter worth about $98,000. Finally, Arwa LLC bought a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth about $231,000. Institutional investors own 0.83% of the company’s stock.
First Trust Structured Credit Income Opportunities ETF Price Performance
First Trust Structured Credit Income Opportunities ETF stock opened at $20.11 on Wednesday. The firm has a 50-day moving average of $20.22 and a 200-day moving average of $20.58. First Trust Structured Credit Income Opportunities ETF has a one year low of $19.89 and a one year high of $21.69. The company has a market cap of $548.00 million, a price-to-earnings ratio of -265.59 and a beta of 0.09.
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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Want to see what other hedge funds are holding SCIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report).
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