HighTower Advisors LLC raised its stake in shares of First Trust High Income Strategic Focus ETF (NASDAQ:HISF – Free Report) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,073 shares of the company’s stock after purchasing an additional 438 shares during the period. HighTower Advisors LLC’s holdings in First Trust High Income Strategic Focus ETF were worth $441,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in shares of First Trust High Income Strategic Focus ETF in the 4th quarter valued at about $59,000. SRS Capital Advisors Inc. purchased a new position in First Trust High Income Strategic Focus ETF in the 4th quarter worth about $241,000. CreativeOne Wealth LLC bought a new stake in shares of First Trust High Income Strategic Focus ETF during the third quarter valued at approximately $353,000. Raymond James Financial Inc. bought a new stake in First Trust High Income Strategic Focus ETF during the 4th quarter valued at $685,000. Finally, tru Independence LLC lifted its stake in First Trust High Income Strategic Focus ETF by 7.9% in the fourth quarter. tru Independence LLC now owns 56,646 shares of the company’s stock worth $2,480,000 after acquiring an additional 4,131 shares during the period. Hedge funds and other institutional investors own 51.36% of the company’s stock.
First Trust High Income Strategic Focus ETF Stock Performance
NASDAQ HISF opened at $44.21 on Monday. The company has a market cap of $44.21 million, a PE ratio of 0.06 and a beta of 0.46. First Trust High Income Strategic Focus ETF has a 52-week low of $42.95 and a 52-week high of $45.96. The firm’s 50 day moving average price is $44.18 and its 200-day moving average price is $44.40.
First Trust High Income Strategic Focus ETF Dividend Announcement
First Trust High Income Strategic Focus ETF Company Profile
The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.
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