Kestra Advisory Services LLC Buys 39,460 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

Kestra Advisory Services LLC increased its stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 6.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 614,990 shares of the company’s stock after acquiring an additional 39,460 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Structured Credit Income Opportunities ETF were worth $12,257,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Commonwealth Equity Services LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at about $8,702,000. MGO One Seven LLC grew its position in First Trust Structured Credit Income Opportunities ETF by 456.6% during the 3rd quarter. MGO One Seven LLC now owns 89,330 shares of the company’s stock worth $1,780,000 after purchasing an additional 73,280 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at $575,000. Sigma Planning Corp acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at $2,460,000. Finally, Brookstone Capital Management acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at $1,068,000. Institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.1%

SCIO opened at $20.29 on Tuesday. The stock has a fifty day moving average of $20.15 and a 200-day moving average of $20.56. The firm has a market capitalization of $577.25 million, a P/E ratio of -267.97 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a 12-month low of $19.89 and a 12-month high of $21.69.

First Trust Structured Credit Income Opportunities ETF 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.