First Trust Structured Credit Income Opportunities ETF $SCIO Holdings Raised by MGO One Seven LLC

MGO One Seven LLC lifted its position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 456.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,330 shares of the company’s stock after buying an additional 73,280 shares during the quarter. MGO One Seven LLC owned approximately 0.33% of First Trust Structured Credit Income Opportunities ETF worth $1,780,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCIO. Ferguson Shapiro LLC lifted its stake in First Trust Structured Credit Income Opportunities ETF by 16.0% in the second quarter. Ferguson Shapiro LLC now owns 972,151 shares of the company’s stock worth $20,094,000 after acquiring an additional 134,283 shares during the period. Kestra Advisory Services LLC increased its position 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 valued at $11,727,000 after purchasing an additional 544,687 shares during the period. Royal Bank of Canada purchased a new position in First Trust Structured Credit Income Opportunities ETF during the 1st quarter valued at about $8,006,000. First Heartland Consultants Inc. purchased a new position in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at about $7,337,000. Finally, Beaumont Financial Advisors LLC bought a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 1st quarter valued at about $7,243,000. Hedge funds and other institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Performance

NYSEARCA:SCIO opened at $20.18 on Thursday. First Trust Structured Credit Income Opportunities ETF has a one year low of $19.89 and a one year high of $21.69. The firm has a market cap of $574.12 million, a P/E ratio of -266.52 and a beta of 0.08. The firm has a 50-day simple moving average of $20.17 and a 200-day simple moving average of $20.56.

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.