StoneX Group Inc. Purchases 26,023 Shares of First Trust Structured Credit Income Opportunities ETF $SCIO

StoneX Group Inc. purchased a new position in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 26,023 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCIO. Commonwealth Equity Services LLC bought a new position in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth approximately $8,702,000. Royal Bank of Canada acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 1st quarter valued at about $8,006,000. First Heartland Consultants Inc. acquired a new position in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at about $7,337,000. Beaumont Financial Advisors LLC bought a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the 1st quarter valued at about $7,243,000. Finally, First Trust Advisors LP raised its stake in First Trust Structured Credit Income Opportunities ETF by 497.2% during the first quarter. First Trust Advisors LP now owns 251,837 shares of the company’s stock worth $5,198,000 after acquiring an additional 209,664 shares during the period. 0.83% of the stock is owned by institutional investors.

First Trust Structured Credit Income Opportunities ETF Stock Down 0.4%

Shares of SCIO stock opened at $20.08 on Friday. The company has a market cap of $571.28 million, a P/E ratio of -265.20 and a beta of 0.08. The business has a 50 day moving average of $20.13 and a two-hundred day moving average of $20.55. First Trust Structured Credit Income Opportunities ETF has a 52 week low of $19.89 and a 52 week high of $21.69.

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.