First Trust Structured Credit Income Opportunities ETF $SCIO Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 614,990 shares of the company’s stock after purchasing an additional 39,460 shares during the quarter. Kestra Advisory Services LLC owned 2.19% of First Trust Structured Credit Income Opportunities ETF worth $12,257,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SCIO. NewEdge Advisors LLC acquired a new position in First Trust Structured Credit Income Opportunities ETF in the first quarter worth about $528,000. Dynamic Advisor Solutions LLC grew its position in shares of First Trust Structured Credit Income Opportunities ETF by 56.6% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 124,433 shares of the company’s stock valued at $2,572,000 after buying an additional 44,965 shares during the last quarter. First Heartland Consultants Inc. acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the third quarter worth about $7,337,000. CoreCap Advisors LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the second quarter worth about $3,036,000. Finally, Arkadios Wealth Advisors raised its stake in First Trust Structured Credit Income Opportunities ETF by 497.3% during the first quarter. Arkadios Wealth Advisors now owns 82,263 shares of the company’s stock worth $1,698,000 after acquiring an additional 68,491 shares during the period. 0.83% of the stock is owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.1%

Shares of NYSEARCA SCIO opened at $20.29 on Tuesday. The firm’s 50-day moving average price is $20.15 and its two-hundred day moving average price is $20.56. First Trust Structured Credit Income Opportunities ETF has a 52-week low of $19.89 and a 52-week high of $21.69. The stock 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 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.