Crux Wealth Advisors Makes New $2.72 Million Investment in First Trust Structured Credit Income Opportunities ETF $SCIO

Crux Wealth Advisors bought a new stake in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 130,823 shares of the company’s stock, valued at approximately $2,721,000. First Trust Structured Credit Income Opportunities ETF comprises about 1.0% of Crux Wealth Advisors’ portfolio, making the stock its 27th biggest holding. Crux Wealth Advisors owned approximately 1.82% of First Trust Structured Credit Income Opportunities ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Planning Group LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the third quarter worth approximately $15,232,000. Foundations Investment Advisors LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at $4,045,000. Delta Investment Management LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth $3,565,000. Philip James Wealth Mangement LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth $3,084,000. Finally, Daymark Wealth Partners LLC acquired a new stake in First Trust Structured Credit Income Opportunities ETF during the 4th quarter worth $2,641,000. Hedge funds and other institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Down 0.1%

Shares of SCIO opened at $20.64 on Wednesday. First Trust Structured Credit Income Opportunities ETF has a 52-week low of $20.06 and a 52-week high of $22.51. The firm’s fifty day moving average is $20.80 and its two-hundred day moving average is $20.81. The stock has a market cap of $308.57 million, a PE ratio of -272.59 and a beta of 0.11.

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.