First Trust Long Duration Opportunities ETF $LGOV Position Lowered by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 33.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 159,929 shares of the company’s stock after selling 79,884 shares during the period. Janney Montgomery Scott LLC owned about 0.52% of First Trust Long Duration Opportunities ETF worth $3,426,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Brookwood Investment Group LLC acquired a new position in First Trust Long Duration Opportunities ETF in the first quarter worth $15,496,000. Comprehensive Wealth Management LLC acquired a new position in First Trust Long Duration Opportunities ETF in the first quarter worth $9,500,000. Integrated Wealth Concepts LLC acquired a new position in First Trust Long Duration Opportunities ETF in the first quarter worth $7,842,000. Financial Enhancement Group LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 45.6% in the first quarter. Financial Enhancement Group LLC now owns 1,004,933 shares of the company’s stock worth $21,043,000 after purchasing an additional 314,626 shares during the period. Finally, Anderson Financial Strategies LLC acquired a new position in First Trust Long Duration Opportunities ETF in the first quarter worth $6,740,000. Institutional investors own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Price Performance

First Trust Long Duration Opportunities ETF stock opened at $21.87 on Thursday. The company has a market cap of $661.57 million, a PE ratio of -11,474.29 and a beta of 0.12. The company has a fifty day moving average price of $21.64 and a two-hundred day moving average price of $21.36. First Trust Long Duration Opportunities ETF has a 12 month low of $19.91 and a 12 month high of $22.11.

First Trust Long Duration Opportunities ETF Company Profile

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.