First Trust Long Duration Opportunities ETF $LGOV Stock Position Raised by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC grew its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 8.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 535,772 shares of the company’s stock after buying an additional 42,686 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $11,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Citadel Advisors LLC raised its position in First Trust Long Duration Opportunities ETF by 119.4% during the second quarter. Citadel Advisors LLC now owns 1,052,410 shares of the company’s stock valued at $22,522,000 after acquiring an additional 572,772 shares in the last quarter. Tidemark LLC bought a new stake in First Trust Long Duration Opportunities ETF in the fourth quarter worth approximately $12,359,000. Raymond James Financial Inc. grew its position in First Trust Long Duration Opportunities ETF by 36.5% in the second quarter. Raymond James Financial Inc. now owns 1,708,012 shares of the company’s stock worth $36,586,000 after acquiring an additional 456,623 shares in the last quarter. LPL Financial LLC increased its stake in shares of First Trust Long Duration Opportunities ETF by 11.5% during the 4th quarter. LPL Financial LLC now owns 3,889,011 shares of the company’s stock worth $84,897,000 after purchasing an additional 401,560 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of First Trust Long Duration Opportunities ETF by 311.4% during the 2nd quarter. Jane Street Group LLC now owns 394,726 shares of the company’s stock worth $8,455,000 after purchasing an additional 298,781 shares during the last quarter. Institutional investors own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Trading Down 0.9%

First Trust Long Duration Opportunities ETF stock opened at $20.45 on Friday. The company has a market capitalization of $605.32 million, a P/E ratio of -10,729.28 and a beta of 0.34. The firm’s fifty day simple moving average is $20.98 and its 200-day simple moving average is $21.38. First Trust Long Duration Opportunities ETF has a 1-year low of $20.39 and a 1-year high of $23.59.

About First Trust Long Duration Opportunities ETF

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.