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

First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $20.36 and traded as low as $20.22. First Trust Structured Credit Income Opportunities ETF shares last traded at $20.22, with a volume of 201 shares trading hands.

First Trust Structured Credit Income Opportunities ETF Stock Up 0.1 %

The firm has a fifty day moving average of $20.21 and a 200-day moving average of $20.36. The stock has a market capitalization of $15.17 million and a price-to-earnings ratio of -267.05.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Structured Credit Income Opportunities ETF stock. Jane Street Group LLC raised its stake in First Trust Structured Credit Income Opportunities ETF (OTCMKTS:SCIO) by 13.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,491 shares of the company’s stock after acquiring an additional 5,006 shares during the quarter. Jane Street Group LLC owned approximately 5.67% of First Trust Structured Credit Income Opportunities ETF worth $874,000 at the end of the most recent quarter. Institutional investors 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.