265,901 Shares in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Purchased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. bought a new stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 265,901 shares of the company’s stock, valued at approximately $5,541,000. SRS Capital Advisors Inc. owned approximately 1.24% of First Trust Long Duration Opportunities ETF at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LGOV. Private Trust Co. NA grew its position in shares of First Trust Long Duration Opportunities ETF by 41.6% during the fourth quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock worth $69,000 after buying an additional 967 shares in the last quarter. US Bancorp DE purchased a new stake in First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $182,000. Kovack Advisors Inc. purchased a new stake in First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $210,000. Concorde Asset Management LLC purchased a new stake in First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $248,000. Finally, Private Client Services LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 24.4% in the fourth quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock valued at $236,000 after purchasing an additional 2,227 shares during the period.

First Trust Long Duration Opportunities ETF Price Performance

NYSEARCA:LGOV opened at $21.63 on Friday. The stock’s 50 day simple moving average is $20.91 and its 200-day simple moving average is $21.50. First Trust Long Duration Opportunities ETF has a 12-month low of $20.07 and a 12-month high of $23.64.

About First Trust Long Duration Opportunities ETF

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.