First Trust Structured Credit Income Opportunities ETF $SCIO Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in First Trust Structured Credit Income Opportunities ETF (NYSEARCA:SCIO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 28,853 shares of the company’s stock, valued at approximately $575,000. Park Avenue Securities LLC owned approximately 0.11% of First Trust Structured Credit Income Opportunities ETF as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SCIO. NI Acquisitions Company LLC bought a new position in First Trust Structured Credit Income Opportunities ETF during the 2nd quarter valued at approximately $28,000. Torren Management LLC bought a new stake in First Trust Structured Credit Income Opportunities ETF in the first quarter worth $39,000. Noble Wealth Management PBC bought a new stake in First Trust Structured Credit Income Opportunities ETF in the second quarter worth $98,000. Arwa LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the third quarter worth $231,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF in the second quarter worth $254,000. 0.83% of the stock is currently owned by institutional investors.

First Trust Structured Credit Income Opportunities ETF Price Performance

SCIO opened at $20.24 on Friday. The stock has a 50-day moving average price of $20.16 and a 200-day moving average price of $20.56. The firm has a market cap of $575.83 million, a PE ratio of -267.31 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a 1 year low of $19.89 and a 1 year 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.