Commonwealth Equity Services LLC Raises Stock Position in First Trust Income Opportunities ETF (NASDAQ:FCEF)

Commonwealth Equity Services LLC grew its holdings in shares of First Trust Income Opportunities ETF (NASDAQ:FCEF) by 108.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 19,026 shares of the company’s stock after acquiring an additional 9,888 shares during the quarter. Commonwealth Equity Services LLC’s holdings in First Trust Income Opportunities ETF were worth $411,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Aurora Private Wealth Inc. grew its position in First Trust Income Opportunities ETF by 14.2% in the fourth quarter. Aurora Private Wealth Inc. now owns 15,001 shares of the company’s stock worth $324,000 after acquiring an additional 1,864 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. raised its position in First Trust Income Opportunities ETF by 75.9% during the fourth quarter. Boyce & Associates Wealth Consulting Inc. now owns 25,098 shares of the company’s stock valued at $542,000 after purchasing an additional 10,826 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of First Trust Income Opportunities ETF in the 4th quarter valued at approximately $2,715,000.

First Trust Income Opportunities ETF Stock Performance

Shares of First Trust Income Opportunities ETF stock opened at $20.04 on Monday. The stock has a 50 day moving average price of $21.88 and a 200-day moving average price of $21.99. First Trust Income Opportunities ETF has a one year low of $19.61 and a one year high of $22.64. The stock has a market cap of $40.28 million, a price-to-earnings ratio of 19.86 and a beta of 0.83.

First Trust Income Opportunities ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 11th were paid a dividend of $0.135 per share. The ex-dividend date was Tuesday, March 11th.

First Trust Income Opportunities ETF Profile

The First Trust Income Opportunity ETF (FCEF) is an exchange-traded fund that is based on the S-Network Composite Closed-End Fund index. The fund is an actively managed ETF that holds closed-end funds to get exposure to US and non-US equity, fixed income securities, and commodities. The fund’s primary objective is to provide current income.