First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 63,447 shares, an increase of 74.7% from the September 15th total of 36,315 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 327,335 shares, the days-to-cover ratio is presently 0.2 days.
First Trust NASDAQ BuyWrite Income ETF Price Performance
Shares of First Trust NASDAQ BuyWrite Income ETF stock traded down $0.04 during trading hours on Thursday, hitting $22.24. The company had a trading volume of 257,111 shares, compared to its average volume of 330,514. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $19.23 and a twelve month high of $22.55. The company has a market cap of $1.01 billion, a P/E ratio of 32.31 and a beta of 0.65. The company’s 50-day moving average is $22.17 and its two-hundred day moving average is $21.76.
First Trust NASDAQ BuyWrite Income ETF Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a $0.2220 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 12.0%.
Institutional Investors Weigh In On First Trust NASDAQ BuyWrite Income ETF
Several hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC lifted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 5.2% during the second quarter. Integrated Wealth Concepts LLC now owns 683,933 shares of the company’s stock worth $15,108,000 after purchasing an additional 33,575 shares during the period. Spartan Wealth Advisory Services LLC acquired a new position in First Trust NASDAQ BuyWrite Income ETF during the first quarter worth about $10,234,000. Cetera Investment Advisers increased its stake in First Trust NASDAQ BuyWrite Income ETF by 16.7% in the 1st quarter. Cetera Investment Advisers now owns 364,351 shares of the company’s stock valued at $7,258,000 after purchasing an additional 52,045 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 37.6% in the second quarter. Envestnet Asset Management Inc. now owns 234,852 shares of the company’s stock valued at $5,188,000 after buying an additional 64,213 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in First Trust NASDAQ BuyWrite Income ETF by 784.5% during the 2nd quarter. Ameritas Advisory Services LLC now owns 221,703 shares of the company’s stock valued at $4,897,000 after acquiring an additional 196,637 shares in the last quarter.
First Trust NASDAQ BuyWrite Income ETF Company Profile
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.
Featured Stories
- Five stocks we like better than First Trust NASDAQ BuyWrite Income ETF
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
Receive News & Ratings for First Trust NASDAQ BuyWrite Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ BuyWrite Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
