First Trust Long Duration Opportunities ETF $LGOV Shares Bought by Citadel Advisors LLC

Citadel Advisors LLC grew its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 119.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,052,410 shares of the company’s stock after purchasing an additional 572,772 shares during the quarter. Citadel Advisors LLC owned approximately 3.56% of First Trust Long Duration Opportunities ETF worth $22,522,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in LGOV. Fifth Third Bancorp acquired a new stake in First Trust Long Duration Opportunities ETF during the 1st quarter worth approximately $25,000. International Assets Investment Management LLC purchased a new position in First Trust Long Duration Opportunities ETF in the fourth quarter valued at about $26,000. Raleigh Capital Management Inc. raised its holdings in First Trust Long Duration Opportunities ETF by 31.6% during the first quarter. Raleigh Capital Management Inc. now owns 1,931 shares of the company’s stock worth $42,000 after purchasing an additional 464 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of First Trust Long Duration Opportunities ETF by 21.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,669 shares of the company’s stock worth $58,000 after buying an additional 469 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $61,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Price Performance

First Trust Long Duration Opportunities ETF stock opened at $20.78 on Monday. The firm’s 50-day moving average is $21.05 and its two-hundred day moving average is $21.42. The stock has a market capitalization of $615.09 million, a P/E ratio of -10,902.41 and a beta of 0.34. First Trust Long Duration Opportunities ETF has a 12-month low of $20.45 and a 12-month high of $23.59.

First Trust Long Duration Opportunities ETF Company Profile

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation. LGOV was launched on Jan 22, 2019 and is managed by First Trust.