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

Socha Financial Group LLC decreased its stake in shares of First Trust New York Municipal High Income ETF (NYSEARCA:FMNY) by 1.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,358 shares of the company’s stock after selling 393 shares during the period. First Trust New York Municipal High Income ETF makes up about 0.3% of Socha Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. Socha Financial Group LLC owned about 4.05% of First Trust New York Municipal High Income ETF worth $775,000 as of its most recent filing with the Securities & Exchange Commission.

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

First Trust New York Municipal High Income ETF Price Performance

Shares of FMNY traded up $0.02 during mid-day trading on Wednesday, hitting $26.95. 38 shares of the company’s stock were exchanged, 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 has a 50-day simple moving average of $27.13 and a 200 day simple moving average of $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.