Kestra Advisory Services LLC Purchases 544,687 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

Kestra Advisory Services LLC boosted its holdings in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 2,317.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 568,187 shares of the company’s stock after buying an additional 544,687 shares during the period. Kestra Advisory Services LLC owned 3.33% of First Trust Structured Credit Income Opportunities ETF worth $11,727,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Crux Wealth Advisors bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the fourth quarter worth about $2,721,000. Delta Investment Management LLC raised its stake in First Trust Structured Credit Income Opportunities ETF by 48.0% during the 4th quarter. Delta Investment Management LLC now owns 254,274 shares of the company’s stock valued at $5,289,000 after purchasing an additional 82,519 shares during the period. Daymark Wealth Partners LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF in the 4th quarter worth approximately $2,641,000. Brookstone Capital Management bought a new position in First Trust Structured Credit Income Opportunities ETF in the 4th quarter worth approximately $1,086,000. Finally, Capital Investment Counsel LLC boosted its stake in First Trust Structured Credit Income Opportunities ETF by 305.8% in the 1st quarter. Capital Investment Counsel LLC now owns 455,240 shares of the company’s stock worth $9,396,000 after purchasing an additional 343,046 shares during the period. 0.83% of the stock is owned by institutional investors.

First Trust Structured Credit Income Opportunities ETF Price Performance

Shares of SCIO opened at $20.58 on Monday. The firm has a market cap of $466.14 million, a P/E ratio of -271.80 and a beta of 0.07. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $20.43 and a 1 year high of $21.69. The company has a 50 day simple moving average of $20.64 and a two-hundred day simple moving average of $20.74.

About First Trust Structured Credit Income Opportunities ETF

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.