CoreCap Advisors LLC Has $4.21 Million Stock Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

CoreCap Advisors LLC raised its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 127.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 202,224 shares of the company’s stock after acquiring an additional 113,377 shares during the period. CoreCap Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $4,214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in LGOV. Wells Fargo & Company MN grew its position in First Trust Long Duration Opportunities ETF by 588.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,770 shares of the company’s stock worth $37,000 after buying an additional 1,513 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of First Trust Long Duration Opportunities ETF by 41.6% during the fourth quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock worth $69,000 after buying an additional 967 shares in the last quarter. Tucker Asset Management LLC raised its position in First Trust Long Duration Opportunities ETF by 121.2% in the 4th quarter. Tucker Asset Management LLC now owns 4,711 shares of the company’s stock valued at $98,000 after purchasing an additional 2,581 shares during the last quarter. Synergy Investment Management LLC bought a new position in shares of First Trust Long Duration Opportunities ETF in the fourth quarter valued at about $174,000. Finally, US Bancorp DE lifted its position in shares of First Trust Long Duration Opportunities ETF by 30.8% during the fourth quarter. US Bancorp DE now owns 10,628 shares of the company’s stock worth $221,000 after purchasing an additional 2,500 shares in the last quarter.

First Trust Long Duration Opportunities ETF Price Performance

NYSEARCA LGOV opened at $21.28 on Wednesday. The stock has a fifty day moving average of $21.40 and a 200-day moving average of $21.20. First Trust Long Duration Opportunities ETF has a 52 week low of $19.93 and a 52 week high of $23.64.

First Trust Long Duration Opportunities ETF 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.