First Trust Income Opportunities ETF (FCEF) to Issue Dividend of $0.14 on June 30th

First Trust Income Opportunities ETF (NASDAQ:FCEF) declared a dividend on Wednesday, June 10th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 11th will be given a dividend of 0.1375 per share on Tuesday, June 30th. The ex-dividend date is Thursday, June 11th.

First Trust Income Opportunities ETF Price Performance

NASDAQ FCEF opened at $23.49 on Friday. First Trust Income Opportunities ETF has a 12 month low of $21.80 and a 12 month high of $24.07. The company has a 50-day moving average of $23.50 and a 200-day moving average of $23.25. The company has a market cap of $73.99 million, a P/E ratio of 19.88 and a beta of 0.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. increased its stake in shares of First Trust Income Opportunities ETF by 3.1% during the 2nd quarter. Raymond James Financial Inc. now owns 121,098 shares of the company’s stock valued at $2,715,000 after acquiring an additional 3,641 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of First Trust Income Opportunities ETF by 7.7% during the 4th quarter. Osaic Holdings Inc. now owns 45,192 shares of the company’s stock valued at $1,038,000 after acquiring an additional 3,213 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of First Trust Income Opportunities ETF by 19.2% during the 4th quarter. Cetera Investment Advisers now owns 41,439 shares of the company’s stock valued at $952,000 after acquiring an additional 6,664 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of First Trust Income Opportunities ETF during the 4th quarter valued at about $102,000. Finally, Western Wealth Management LLC acquired a new position in shares of First Trust Income Opportunities ETF during the 1st quarter valued at about $51,000.

About First Trust Income Opportunities ETF

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income. FCEF was launched on Sep 27, 2016 and is managed by First Trust.