81,749 Shares in First Trust Structured Credit Income Opportunities ETF $SCIO Bought by Atria Investments Inc

Atria Investments Inc purchased a new stake in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 81,749 shares of the company’s stock, valued at approximately $1,697,000.

A number of other large investors also recently modified their holdings of the company. Osaic Holdings Inc. acquired a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the second quarter worth about $25,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of First Trust Structured Credit Income Opportunities ETF during the second quarter worth approximately $35,000. N.E.W. Advisory Services LLC lifted its holdings in shares of First Trust Structured Credit Income Opportunities ETF by 1,321.0% during the third quarter. N.E.W. Advisory Services LLC now owns 7,247 shares of the company’s stock worth $150,000 after purchasing an additional 6,737 shares during the period. Harbour Investments Inc. increased its stake in First Trust Structured Credit Income Opportunities ETF by 293.4% in the 2nd quarter. Harbour Investments Inc. now owns 7,867 shares of the company’s stock valued at $163,000 after buying an additional 5,867 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in First Trust Structured Credit Income Opportunities ETF during the 3rd quarter worth $246,000. 0.83% of the stock is owned by hedge funds and other institutional investors.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.1%

Shares of OTCMKTS:SCIO opened at $21.00 on Wednesday. The company has a market cap of $178.50 million, a price-to-earnings ratio of -277.35 and a beta of 0.08. First Trust Structured Credit Income Opportunities ETF has a fifty-two week low of $20.06 and a fifty-two week high of $22.51. The firm’s 50-day simple moving average is $20.83 and its 200-day simple moving average is $20.82.

About First Trust Structured Credit Income Opportunities ETF

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) is an actively managed exchange-traded fund designed to provide investors with exposure to structured credit markets. The fund is sponsored by First Trust Advisors L.P., a subsidiary of First Trust Portfolios L.P., and seeks to generate attractive risk-adjusted income through investments in collateralized loan obligations (CLOs) and other structured credit instruments.

The ETF primarily allocates capital to senior secured and investment-grade tranches of CLOs, aiming to benefit from the floating-rate nature of underlying corporate loans and the structural credit enhancements within CLO vehicles.