First Trust Structured Credit Income Opportunities ETF $SCIO Shares Newly Acquired by Sigma Planning Corp

Sigma Planning Corp bought a new stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 123,427 shares of the company’s stock, valued at approximately $2,460,000. Sigma Planning Corp owned 0.45% of First Trust Structured Credit Income Opportunities ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ferguson Shapiro LLC grew its position in shares of First Trust Structured Credit Income Opportunities ETF by 16.0% during the 2nd quarter. Ferguson Shapiro LLC now owns 972,151 shares of the company’s stock worth $20,094,000 after buying an additional 134,283 shares during the period. Kestra Advisory Services LLC boosted its stake in First Trust Structured Credit Income Opportunities ETF by 2,317.8% during the 1st quarter. Kestra Advisory Services LLC now owns 568,187 shares of the company’s stock worth $11,727,000 after acquiring an additional 544,687 shares during the last quarter. Capital Investment Counsel LLC boosted its stake in First Trust Structured Credit Income Opportunities ETF by 305.8% during the 1st quarter. Capital Investment Counsel LLC now owns 455,240 shares of the company’s stock worth $9,396,000 after acquiring an additional 343,046 shares during the last quarter. Royal Bank of Canada bought a new position in First Trust Structured Credit Income Opportunities ETF during the 1st quarter worth approximately $8,006,000. Finally, First Heartland Consultants Inc. bought a new position in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth approximately $7,337,000. Institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Performance

Shares of NYSEARCA SCIO opened at $20.11 on Wednesday. The stock has a market cap of $548.00 million, a P/E ratio of -265.59 and a beta of 0.09. The firm has a 50 day moving average price of $20.22 and a 200 day moving average price of $20.58. First Trust Structured Credit Income Opportunities ETF has a 52-week low of $19.89 and a 52-week high of $21.69.

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.