First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Sees Strong Trading Volume – Still a Buy?

Posted by Francis Steltz on Oct 9th, 2026

Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) saw an uptick in trading volume on Wednesday. 781,231 shares traded hands during mid-day trading, an increase of 144% from the previous session’s volume of 320,148 shares. The stock last traded at $22.27 and had previously closed at $22.35.

First Trust NASDAQ BuyWrite Income ETF Price Performance

The company has a market cap of $1.01 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65. The business has a 50 day simple moving average of $22.14 and a 200 day simple moving average of $21.70.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.2220 dividend. This represents a $2.66 dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Investors Weigh In On First Trust NASDAQ BuyWrite Income ETF

Hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the first quarter worth about $134,000. IMG Wealth Management Inc. increased its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 16.2% in the 1st quarter. IMG Wealth Management Inc. now owns 10,806 shares of the company’s stock valued at $215,000 after buying an additional 1,507 shares during the period. NWF Advisory Services Inc. raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 11.1% during the 4th quarter. NWF Advisory Services Inc. now owns 11,000 shares of the company’s stock worth $229,000 after purchasing an additional 1,100 shares during the last quarter. TrueWealth Advisors LLC bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth approximately $267,000. Finally, Western Wealth Management LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 5.7% during the 1st quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock valued at $283,000 after acquiring an additional 771 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Company Profile

(Get Free Report)

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.