Dynamic Advisor Solutions LLC purchased a new stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 35,234 shares of the company’s stock, valued at approximately $733,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Delta Investment Management LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter valued at about $3,565,000. CreativeOne Wealth LLC bought a new position in First Trust Structured Credit Income Opportunities ETF during the second quarter valued at about $854,000. Atria Investments Inc bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at approximately $1,697,000. Philip James Wealth Mangement LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF in the third quarter valued at approximately $3,084,000. Finally, Strategic Planning Group LLC bought a new position in First Trust Structured Credit Income Opportunities ETF during the third quarter valued at $15,232,000. Hedge funds and other institutional investors own 0.83% of the company’s stock.
First Trust Structured Credit Income Opportunities ETF Price Performance
NYSEARCA:SCIO opened at $20.50 on Friday. The company has a market capitalization of $174.25 million, a P/E ratio of -270.75 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.06 and a 1 year high of $22.51. The business has a fifty day simple moving average of $20.83 and a two-hundred day simple moving average of $20.83.
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.
See Also
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