First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) Shares Pass Below 200 Day Moving Average – Here’s What Happened

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.35 and traded as low as $20.26. First Trust Structured Credit Income Opportunities ETF shares last traded at $20.28, with a volume of 1,922 shares traded.

First Trust Structured Credit Income Opportunities ETF Trading Down 0.1 %

The company has a market cap of $10.13 million and a PE ratio of -267.58. The firm has a 50 day moving average of $20.44 and a two-hundred day moving average of $20.34.

Institutional Investors Weigh In On First Trust Structured Credit Income Opportunities ETF

A hedge fund recently raised its stake in First Trust Structured Credit Income Opportunities ETF stock. Jane Street Group LLC grew its position in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,491 shares of the company’s stock after acquiring an additional 5,006 shares during the quarter. Jane Street Group LLC owned 5.67% of First Trust Structured Credit Income Opportunities ETF worth $874,000 as of its most recent SEC filing. 0.83% of the stock is owned by hedge funds and other institutional investors.

First Trust Structured Credit Income Opportunities ETF Company Profile

Scio Diamond Technology Corporation focuses on the development and commercialization of man-made diamond technology in the United States. It provides lab-grown and single-crystal diamonds for industrial and gemstone applications. The company is headquartered in Greenville, South Carolina.