Daymark Wealth Partners LLC Takes Position in First Trust Structured Credit Income Opportunities ETF $SCIO

Daymark Wealth Partners LLC bought a new position in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the fourth quarter, Holdings Channel reports. The firm bought 126,961 shares of the company’s stock, valued at approximately $2,641,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCIO. Strategic Planning Group LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF during the third quarter valued at approximately $15,232,000. Foundations Investment Advisors LLC purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at approximately $4,045,000. Delta Investment Management LLC acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at $3,565,000. Philip James Wealth Mangement LLC acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at $3,084,000. Finally, Atria Investments Inc purchased a new stake in First Trust Structured Credit Income Opportunities ETF during the third quarter worth $1,697,000. 0.83% of the stock is owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Stock Performance

SCIO stock opened at $20.67 on Thursday. The firm has a market cap of $175.70 million, a PE ratio of -272.99 and a beta of 0.08. The firm’s fifty day moving average is $20.84 and its 200 day moving average is $20.83. First Trust Structured Credit Income Opportunities ETF has a one year low of $20.06 and a one year high of $22.51.

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.