Farther Finance Advisors LLC Purchases 37,304 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

Farther Finance Advisors LLC increased its position in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 290.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,130 shares of the company’s stock after purchasing an additional 37,304 shares during the period. Farther Finance Advisors LLC owned 0.70% of First Trust Structured Credit Income Opportunities ETF worth $1,043,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Planning Group LLC purchased a new position in First Trust Structured Credit Income Opportunities ETF during the third quarter valued at $15,232,000. Foundations Investment Advisors LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter worth about $4,045,000. Delta Investment Management LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter worth about $3,565,000. Philip James Wealth Mangement LLC bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter worth about $3,084,000. Finally, Crux Wealth Advisors purchased a new position in First Trust Structured Credit Income Opportunities ETF during the 4th quarter valued at about $2,721,000. Institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Price Performance

NYSEARCA:SCIO opened at $20.70 on Thursday. First Trust Structured Credit Income Opportunities ETF has a one year low of $20.21 and a one year high of $21.78. The company’s 50-day simple moving average is $20.78 and its 200 day simple moving average is $20.80. The firm has a market capitalization of $337.41 million, a P/E ratio of -273.39 and a beta of 0.11.

First Trust Structured Credit Income Opportunities ETF Company Profile

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.