387,884 Shares in First Trust Structured Credit Income Opportunities ETF $SCIO Acquired by Royal Bank of Canada

Royal Bank of Canada purchased a new stake in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 387,884 shares of the company’s stock, valued at approximately $8,006,000. Royal Bank of Canada owned 2.27% of First Trust Structured Credit Income Opportunities ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Osaic Holdings Inc. purchased a new stake in First Trust Structured Credit Income Opportunities ETF during the second quarter worth approximately $25,000. Raleigh Capital Management Inc. purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 1st quarter valued at $30,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 6.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 27,131 shares of the company’s stock valued at $564,000 after acquiring an additional 1,670 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 2.1% during the 4th quarter. Sanctuary Advisors LLC now owns 87,728 shares of the company’s stock valued at $1,825,000 after acquiring an additional 1,842 shares in the last quarter. Finally, Torren Management LLC purchased a new stake in First Trust Structured Credit Income Opportunities ETF during the 1st quarter worth $39,000. 0.83% of the stock is owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Stock Performance

Shares of First Trust Structured Credit Income Opportunities ETF stock opened at $20.58 on Tuesday. First Trust Structured Credit Income Opportunities ETF has a twelve month low of $20.40 and a twelve month high of $21.69. The stock has a market cap of $504.21 million, a price-to-earnings ratio of -271.80 and a beta of 0.07. The company has a fifty day moving average price of $20.62 and a 200 day moving average price of $20.70.

First Trust Structured Credit Income Opportunities ETF 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.