First Trust Structured Credit Income Opportunities ETF $SCIO Shares Sold by Strategic Planning Group LLC

Strategic Planning Group LLC reduced its position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 70.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 851,041 shares of the company’s stock after selling 2,018,752 shares during the quarter. First Trust Structured Credit Income Opportunities ETF accounts for about 1.8% of Strategic Planning Group LLC’s holdings, making the stock its 23rd biggest position. Strategic Planning Group LLC’s holdings in First Trust Structured Credit Income Opportunities ETF were worth $16,961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brookstone Capital Management bought a new position in First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at approximately $1,068,000. Arwa LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth approximately $231,000. Maia Wealth LLC boosted its position in First Trust Structured Credit Income Opportunities ETF by 2.7% during the 3rd quarter. Maia Wealth LLC now owns 71,681 shares of the company’s stock worth $1,429,000 after buying an additional 1,875 shares during the period. IFP Advisors Inc grew its holdings in First Trust Structured Credit Income Opportunities ETF by 1,468.4% during the 3rd quarter. IFP Advisors Inc now owns 25,000 shares of the company’s stock worth $498,000 after acquiring an additional 23,406 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth approximately $1,333,000. Institutional investors and hedge funds own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Performance

Shares of NYSEARCA SCIO opened at $20.03 on Friday. The firm has a 50 day moving average price of $20.25 and a two-hundred day moving average price of $20.50. The stock has a market cap of $545.82 million, a P/E ratio of -264.54 and a beta of 0.09. First Trust Structured Credit Income Opportunities ETF has a 52-week low of $19.89 and a 52-week high of $21.69.

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.