Kestra Advisory Services LLC Purchases 544,687 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

Kestra Advisory Services LLC boosted its position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 2,317.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 568,187 shares of the company’s stock after acquiring an additional 544,687 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Structured Credit Income Opportunities ETF were worth $11,727,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Osaic Holdings Inc. purchased a new position in First Trust Structured Credit Income Opportunities ETF during the 2nd quarter valued at approximately $25,000. Raleigh Capital Management Inc. bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the 1st quarter valued at approximately $30,000. IFP Advisors Inc bought a new position in shares of First Trust Structured Credit Income Opportunities ETF during the 3rd quarter valued at approximately $44,000. N.E.W. Advisory Services LLC boosted its position in shares of First Trust Structured Credit Income Opportunities ETF by 38.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 10,022 shares of the company’s stock valued at $208,000 after acquiring an additional 2,775 shares during the last quarter. Finally, Embree Financial Group purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF in the fourth quarter valued at $241,000. 0.83% of the stock is owned by institutional investors.

First Trust Structured Credit Income Opportunities ETF Stock Performance

SCIO stock opened at $20.58 on Monday. The firm has a fifty day moving average price of $20.64 and a 200 day moving average price of $20.74. First Trust Structured Credit Income Opportunities ETF has a fifty-two week low of $20.43 and a fifty-two week high of $21.69. The firm has a market cap of $466.14 million, a PE ratio of -271.80 and a beta of 0.07.

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.