First Trust Long Duration Opportunities ETF $LGOV Stock Purchased by One Way Holdings LLC

One Way Holdings LLC raised its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 5.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,203,796 shares of the company’s stock after purchasing an additional 67,600 shares during the period. One Way Holdings LLC owned 4.01% of First Trust Long Duration Opportunities ETF worth $23,583,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in First Trust Long Duration Opportunities ETF by 8.8% in the first quarter. Royal Bank of Canada now owns 2,020,458 shares of the company’s stock valued at $43,581,000 after buying an additional 164,213 shares during the period. Financial Enhancement Group LLC grew its holdings in First Trust Long Duration Opportunities ETF by 161.0% during the 3rd quarter. Financial Enhancement Group LLC now owns 1,290,981 shares of the company’s stock worth $25,226,000 after acquiring an additional 796,261 shares during the period. Citadel Advisors LLC grew its holdings in First Trust Long Duration Opportunities ETF by 119.4% during the 2nd quarter. Citadel Advisors LLC now owns 1,052,410 shares of the company’s stock worth $22,522,000 after acquiring an additional 572,772 shares during the period. Stephens Inc. AR grew its holdings in First Trust Long Duration Opportunities ETF by 29.7% during the 1st quarter. Stephens Inc. AR now owns 870,712 shares of the company’s stock worth $18,781,000 after acquiring an additional 199,341 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of First Trust Long Duration Opportunities ETF by 1.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 827,103 shares of the company’s stock valued at $17,700,000 after acquiring an additional 14,495 shares during the last quarter. Institutional investors own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Price Performance

NYSEARCA:LGOV opened at $20.48 on Monday. First Trust Long Duration Opportunities ETF has a 12-month low of $19.40 and a 12-month high of $23.59. The firm has a market capitalization of $614.40 million, a P/E ratio of -10,745.02 and a beta of 0.35. The stock’s fifty day simple moving average is $20.27 and its 200-day simple moving average is $21.22.

First Trust Long Duration Opportunities ETF Company 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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.