First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO)’s share price crossed 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 50 day moving average of $20.44 and a 200 day moving average of $20.34. The firm has a market cap of $10.13 million and a price-to-earnings ratio of -267.58.

Hedge Funds 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 holdings in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,491 shares of the company’s stock after purchasing an additional 5,006 shares during the quarter. Jane Street Group LLC owned about 5.67% of First Trust Structured Credit Income Opportunities ETF worth $874,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 0.83% of the company’s stock.

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.