HBW Advisory Services LLC Makes New Investment in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

HBW Advisory Services LLC acquired a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 17,806 shares of the company’s stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its holdings in First Trust BuyWrite Income ETF by 22.7% in the third quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock valued at $109,427,000 after acquiring an additional 880,921 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at about $5,665,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust BuyWrite Income ETF by 138,919.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock worth $4,192,000 after purchasing an additional 181,985 shares during the period. Stifel Financial Corp raised its holdings in First Trust BuyWrite Income ETF by 38.4% in the third quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock valued at $14,858,000 after buying an additional 178,982 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new position in First Trust BuyWrite Income ETF during the third quarter valued at approximately $2,779,000.

First Trust BuyWrite Income ETF Stock Down 1.5 %

FTHI opened at $23.03 on Friday. The company has a 50 day moving average of $23.62 and a two-hundred day moving average of $23.04. First Trust BuyWrite Income ETF has a 52-week low of $20.96 and a 52-week high of $24.09. The company has a market cap of $1.07 billion, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.172 dividend. The ex-dividend date was Friday, December 13th.

First Trust BuyWrite Income ETF Profile

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.