First Trust Structured Credit Income Opportunities ETF $SCIO Stock: Strategic Planning Group LLC Reduces Stake

Strategic Planning Group LLC reduced its holdings in shares of First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) by 70.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 851,041 shares of the company’s stock after selling 2,018,752 shares during the quarter. First Trust Structured Credit Income Opportunities ETF accounts for about 1.8% of Strategic Planning Group LLC’s holdings, making the stock its 23rd biggest holding. Strategic Planning Group LLC owned approximately 3.12% of First Trust Structured Credit Income Opportunities ETF worth $16,961,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Ferguson Shapiro LLC grew its position in First Trust Structured Credit Income Opportunities ETF by 16.0% in the second quarter. Ferguson Shapiro LLC now owns 972,151 shares of the company’s stock valued at $20,094,000 after acquiring an additional 134,283 shares during the last quarter. Kestra Advisory Services LLC lifted 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 last quarter. Capital Investment Counsel LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 305.8% in the first quarter. Capital Investment Counsel LLC now owns 455,240 shares of the company’s stock worth $9,396,000 after acquiring an additional 343,046 shares during the last quarter. Royal Bank of Canada bought a new position in shares of First Trust Structured Credit Income Opportunities ETF in the first quarter worth about $8,006,000. Finally, First Heartland Consultants Inc. acquired a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the 3rd quarter valued at approximately $7,337,000. 0.83% of the stock is owned by institutional investors and hedge funds.

First Trust Structured Credit Income Opportunities ETF Trading Up 0.2%

Shares of First Trust Structured Credit Income Opportunities ETF stock opened at $20.03 on Friday. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $19.89 and a 1 year high of $21.69. The firm has a market capitalization of $545.82 million, a PE ratio of -264.54 and a beta of 0.09. The firm’s 50 day moving average is $20.25 and its 200 day moving average is $20.50.

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.