First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $20.36 and traded as low as $20.22. First Trust Structured Credit Income Opportunities ETF shares last traded at $20.22, with a volume of 201 shares traded.

First Trust Structured Credit Income Opportunities ETF Trading Up 0.1 %

The stock has a 50 day simple moving average of $20.21 and a 200 day simple moving average of $20.36. The firm has a market capitalization of $15.17 million and a PE ratio of -267.05.

Hedge Funds Weigh In On First Trust Structured Credit Income Opportunities ETF

An institutional investor recently raised its position in First Trust Structured Credit Income Opportunities ETF stock. Jane Street Group LLC increased its position in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,491 shares of the company’s stock after purchasing an additional 5,006 shares during the quarter. Jane Street Group LLC owned approximately 5.67% of First Trust Structured Credit Income Opportunities ETF worth $874,000 as of its most recent filing with the Securities & Exchange Commission. 0.83% of the stock is currently owned by hedge funds and other institutional investors.

About First Trust Structured Credit Income Opportunities ETF

Scio Diamond Technology Corporation focuses on the development and commercialization of man-made diamond technology in the United States. It provides lab-grown and single-crystal diamonds for industrial and gemstone applications. The company is headquartered in Greenville, South Carolina.