Janney Montgomery Scott LLC Increases Stock Position in Touchstone Strategic Income Opportunities ETF $SIO

Janney Montgomery Scott LLC grew its holdings in shares of Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) by 16.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 361,625 shares of the company’s stock after buying an additional 50,581 shares during the period. Janney Montgomery Scott LLC owned 3.73% of Touchstone Strategic Income Opportunities ETF worth $9,268,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SIO. RHL Group LLC bought a new stake in Touchstone Strategic Income Opportunities ETF during the fourth quarter worth about $45,000. Jane Street Group LLC purchased a new position in shares of Touchstone Strategic Income Opportunities ETF during the fourth quarter valued at approximately $240,000. Envestnet Asset Management Inc. lifted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 3.9% during the third quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock valued at $352,000 after purchasing an additional 498 shares during the last quarter. MML Investors Services LLC boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 7.9% in the 4th quarter. MML Investors Services LLC now owns 23,400 shares of the company’s stock worth $607,000 after purchasing an additional 1,709 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 10.8% in the 2nd quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock worth $1,030,000 after purchasing an additional 3,852 shares in the last quarter.

Touchstone Strategic Income Opportunities ETF Stock Down 0.0%

Touchstone Strategic Income Opportunities ETF stock opened at $25.67 on Friday. Touchstone Strategic Income Opportunities ETF has a twelve month low of $25.28 and a twelve month high of $27.38. The company has a market capitalization of $267.74 million, a P/E ratio of 18.97 and a beta of 0.27. The stock’s 50 day moving average is $25.71 and its 200 day moving average is $25.89.

About Touchstone Strategic Income Opportunities ETF

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.