Prime Capital Investment Advisors LLC Acquires New Shares in First Trust Core Investment Grade ETF $FTCB

Prime Capital Investment Advisors LLC acquired a new stake in First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the second quarter, according to its most recent filing with the SEC. The fund acquired 153,472 shares of the company’s stock, valued at approximately $3,232,000. Prime Capital Investment Advisors LLC owned approximately 0.26% of First Trust Core Investment Grade ETF at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of FTCB. LPL Financial LLC grew its stake in First Trust Core Investment Grade ETF by 76.0% in the 1st quarter. LPL Financial LLC now owns 3,786,283 shares of the company’s stock valued at $79,474,000 after buying an additional 1,634,458 shares in the last quarter. Stephens Inc. AR purchased a new position in First Trust Core Investment Grade ETF in the 1st quarter valued at approximately $26,474,000. Seascape Capital Management purchased a new position in First Trust Core Investment Grade ETF in the 1st quarter valued at approximately $22,715,000. McCarthy & Cox purchased a new position in First Trust Core Investment Grade ETF in the 2nd quarter valued at approximately $18,103,000. Finally, Envestnet Asset Management Inc. grew its stake in First Trust Core Investment Grade ETF by 43.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,571,810 shares of the company’s stock valued at $53,982,000 after buying an additional 781,670 shares in the last quarter.

First Trust Core Investment Grade ETF Trading Up 0.3%

First Trust Core Investment Grade ETF stock opened at $21.38 on Wednesday. The firm has a 50 day simple moving average of $21.22 and a 200 day simple moving average of $20.97. First Trust Core Investment Grade ETF has a 1-year low of $18.76 and a 1-year high of $22.33.

About First Trust Core Investment Grade ETF

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets.