Brookstone Capital Management Purchases New Shares in First Trust Structured Credit Income Opportunities ETF $SCIO

Brookstone Capital Management acquired a new stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 52,199 shares of the company’s stock, valued at approximately $1,086,000. Brookstone Capital Management owned about 0.80% of First Trust Structured Credit Income Opportunities ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Strategic Planning Group LLC acquired a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the third quarter valued at $15,232,000. Foundations Investment Advisors LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the third quarter valued at about $4,045,000. Delta Investment Management LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the third quarter valued at about $3,565,000. Philip James Wealth Mangement LLC acquired a new position in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth about $3,084,000. Finally, Daymark Wealth Partners LLC acquired a new position in First Trust Structured Credit Income Opportunities ETF during the 4th quarter worth about $2,641,000. Institutional investors and hedge funds own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Price Performance

Shares of NYSEARCA:SCIO opened at $20.67 on Friday. The firm has a market cap of $256.31 million, a P/E ratio of -272.99 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a 12 month low of $20.06 and a 12 month high of $22.51. The company’s 50-day moving average price is $20.81 and its two-hundred day moving average price is $20.81.

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.