Socha Financial Group LLC Has $775,000 Stock Holdings in First Trust New York Municipal High Income ETF (NYSEARCA:FMNY)

Socha Financial Group LLC lowered its position in shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) by 1.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,358 shares of the company’s stock after selling 393 shares during the quarter. First Trust New York Municipal High Income ETF comprises 0.3% of Socha Financial Group LLC’s holdings, making the stock its 11th biggest position. Socha Financial Group LLC’s holdings in First Trust New York Municipal High Income ETF were worth $775,000 at the end of the most recent quarter.

Separately, Hennion & Walsh Asset Management Inc. increased its stake in First Trust New York Municipal High Income ETF by 13.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 49,258 shares of the company’s stock worth $1,320,000 after acquiring an additional 5,955 shares during the period.

First Trust New York Municipal High Income ETF Stock Performance

Shares of NYSEARCA:FMNY traded up $0.02 during trading on Wednesday, reaching $26.95. 38 shares of the company traded hands, compared to its average volume of 2,126. First Trust New York Municipal High Income ETF has a 52 week low of $25.44 and a 52 week high of $27.43. The company’s 50 day moving average is $27.13 and its two-hundred day moving average is $26.94.

First Trust New York Municipal High Income ETF Profile

The First Trust New York High Income Municipal ETF (FMNY) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that targets fixed income of any duration and credit quality. Issues selected provide interest income that is exempt from federal, New York State and City taxes.