MGO One Seven LLC grew its stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report) by 456.6% during the third quarter, HoldingsChannel reports. The fund owned 89,330 shares of the company’s stock after acquiring an additional 73,280 shares during the quarter. MGO One Seven LLC’s holdings in First Trust Structured Credit Income Opportunities ETF were worth $1,780,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in SCIO. NewEdge Advisors LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the 1st quarter worth $528,000. Dynamic Advisor Solutions LLC boosted its position in First Trust Structured Credit Income Opportunities ETF by 56.6% during the second quarter. Dynamic Advisor Solutions LLC now owns 124,433 shares of the company’s stock valued at $2,572,000 after purchasing an additional 44,965 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in First Trust Structured Credit Income Opportunities ETF during the third quarter valued at about $7,337,000. CoreCap Advisors LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF in the second quarter valued at about $3,036,000. Finally, Arkadios Wealth Advisors grew its stake in First Trust Structured Credit Income Opportunities ETF by 497.3% in the first quarter. Arkadios Wealth Advisors now owns 82,263 shares of the company’s stock valued at $1,698,000 after purchasing an additional 68,491 shares during the last quarter. 0.83% of the stock is currently owned by hedge funds and other institutional investors.
First Trust Structured Credit Income Opportunities ETF Stock Performance
Shares of First Trust Structured Credit Income Opportunities ETF stock opened at $20.18 on Thursday. The company has a market capitalization of $574.12 million, a PE ratio of -266.52 and a beta of 0.08. The company has a 50-day simple moving average of $20.17 and a two-hundred day simple moving average of $20.56. First Trust Structured Credit Income Opportunities ETF has a one year low of $19.89 and a one year high of $21.69.
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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