First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.36 and traded as low as $20.30. First Trust Structured Credit Income Opportunities ETF shares last traded at $20.33, with a volume of 320 shares traded.

First Trust Structured Credit Income Opportunities ETF Price Performance

The company has a 50 day moving average of $20.18 and a 200-day moving average of $20.35. The company has a market cap of $15.26 million and a P/E ratio of -268.63.

Institutional Investors Weigh In On First Trust Structured Credit Income Opportunities ETF

A hedge fund recently raised its stake in First Trust Structured Credit Income Opportunities ETF stock. Jane Street Group LLC raised its holdings in shares of First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 42,491 shares of the company’s stock after acquiring an additional 5,006 shares during the period. Jane Street Group LLC owned about 5.67% of First Trust Structured Credit Income Opportunities ETF worth $874,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.83% of the company’s stock.

About First Trust Structured Credit Income Opportunities ETF

Scio Diamond Technology Corporation focuses on the development and commercialization of man-made diamond technology in the United States. It provides lab-grown and single-crystal diamonds for industrial and gemstone applications. The company is headquartered in Greenville, South Carolina.