First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $20.38 and traded as high as $20.45. First Trust Structured Credit Income Opportunities ETF shares last traded at $20.45, with a volume of 0 shares.

First Trust Structured Credit Income Opportunities ETF Price Performance

The business has a fifty day moving average of $20.37 and a 200 day moving average of $20.39. The firm has a market cap of $15.10 million and a P/E ratio of -265.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust Structured Credit Income Opportunities ETF stock. Jane Street Group LLC grew its holdings in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period. 0.83% of the stock is owned by institutional investors and hedge funds.

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.