Sigma Planning Corp Acquires New Holdings in First Trust Structured Credit Income Opportunities ETF $SCIO

Sigma Planning Corp bought a new position 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 bought 41,845 shares of the company’s stock, valued at approximately $864,000.

A number of other large investors have also added to or reduced their stakes in SCIO. Ferguson Shapiro LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 7.6% during the 1st quarter. Ferguson Shapiro LLC now owns 837,868 shares of the company’s stock valued at $17,294,000 after buying an additional 59,146 shares during the period. Strategic Planning Group LLC grew its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 7.5% in the fourth quarter. Strategic Planning Group LLC now owns 788,845 shares of the company’s stock worth $16,408,000 after acquiring an additional 54,961 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 2,317.8% in the first quarter. Kestra Advisory Services LLC now owns 568,187 shares of the company’s stock worth $11,727,000 after acquiring an additional 544,687 shares during the period. Capital Investment Counsel LLC increased its position in First Trust Structured Credit Income Opportunities ETF by 305.8% during the first quarter. Capital Investment Counsel LLC now owns 455,240 shares of the company’s stock valued at $9,396,000 after acquiring an additional 343,046 shares during the last quarter. Finally, Legacy Capital Wealth Management LLC purchased a new stake in First Trust Structured Credit Income Opportunities ETF during the fourth quarter valued at $6,634,000. Institutional investors own 0.83% of the company’s stock.

First Trust Structured Credit Income Opportunities ETF Stock Performance

SCIO stock opened at $20.66 on Monday. The company has a market cap of $485.51 million, a price-to-earnings ratio of -272.86 and a beta of 0.07. The business’s 50-day moving average is $20.64 and its two-hundred day moving average is $20.74. First Trust Structured Credit Income Opportunities ETF has a fifty-two week low of $20.43 and a fifty-two 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.