Jane Street Group LLC Acquires New Holdings in First Trust High Income Strategic Focus ETF (NASDAQ:HISF)

Jane Street Group LLC bought a new stake in First Trust High Income Strategic Focus ETF (NASDAQ:HISF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 27,695 shares of the company’s stock, valued at approximately $1,212,000. Jane Street Group LLC owned 2.77% of First Trust High Income Strategic Focus ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of HISF. Raymond James Financial Inc. purchased a new stake in First Trust High Income Strategic Focus ETF during the fourth quarter worth about $685,000. Commonwealth Equity Services LLC increased its position in shares of First Trust High Income Strategic Focus ETF by 57.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 27,460 shares of the company’s stock worth $1,202,000 after acquiring an additional 10,005 shares during the period. LPL Financial LLC increased its position in shares of First Trust High Income Strategic Focus ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 124,587 shares of the company’s stock worth $5,454,000 after acquiring an additional 8,257 shares during the period. Tidemark LLC purchased a new stake in shares of First Trust High Income Strategic Focus ETF during the fourth quarter worth $275,000. Finally, Altus Wealth Group LLC purchased a new stake in shares of First Trust High Income Strategic Focus ETF during the fourth quarter worth $258,000. 51.36% of the stock is currently owned by hedge funds and other institutional investors.

First Trust High Income Strategic Focus ETF Stock Performance

HISF stock opened at $44.09 on Wednesday. The company’s 50 day moving average price is $44.05 and its 200 day moving average price is $44.10. First Trust High Income Strategic Focus ETF has a fifty-two week low of $43.22 and a fifty-two week high of $45.96. The firm has a market capitalization of $46.29 million, a price-to-earnings ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd were paid a dividend of $0.172 per share. The ex-dividend date was Tuesday, April 22nd.

About First Trust High Income Strategic Focus ETF

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.