Ferguson Shapiro LLC Has $372,000 Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Ferguson Shapiro LLC increased its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 10.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 17,847 shares of the company’s stock after purchasing an additional 1,632 shares during the period. Ferguson Shapiro LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LGOV. Financial Enhancement Group LLC purchased a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter worth approximately $14,089,000. Raymond James & Associates lifted its position in First Trust Long Duration Opportunities ETF by 181.5% in the 3rd quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock worth $15,841,000 after buying an additional 456,002 shares in the last quarter. Cyndeo Wealth Partners LLC purchased a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter worth approximately $6,182,000. Stifel Financial Corp lifted its position in First Trust Long Duration Opportunities ETF by 447.3% in the 3rd quarter. Stifel Financial Corp now owns 217,161 shares of the company’s stock worth $4,864,000 after buying an additional 177,485 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in First Trust Long Duration Opportunities ETF by 17.1% in the 3rd quarter. HighTower Advisors LLC now owns 938,764 shares of the company’s stock worth $21,033,000 after buying an additional 137,364 shares in the last quarter.

First Trust Long Duration Opportunities ETF Trading Down 0.1 %

LGOV stock opened at $20.93 on Thursday. The company has a 50 day moving average of $21.03 and a two-hundred day moving average of $21.58. First Trust Long Duration Opportunities ETF has a 12-month low of $20.07 and a 12-month high of $23.64.

First Trust Long Duration Opportunities ETF Company Profile

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.