Fifth Third Securities Inc. lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Free Report) by 13.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 633,197 shares of the company’s stock after acquiring an additional 73,297 shares during the quarter. Fifth Third Securities Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $14,032,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the business. Integrated Wealth Concepts LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 5.2% in the second quarter. Integrated Wealth Concepts LLC now owns 683,933 shares of the company’s stock valued at $15,108,000 after acquiring an additional 33,575 shares during the period. Spartan Wealth Advisory Services LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the first quarter worth approximately $10,234,000. Cetera Investment Advisers boosted its position in First Trust NASDAQ BuyWrite Income ETF by 16.7% during the 1st quarter. Cetera Investment Advisers now owns 364,351 shares of the company’s stock worth $7,258,000 after acquiring an additional 52,045 shares during the period. Envestnet Asset Management Inc. lifted its holdings in 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 worth $5,188,000 after purchasing an additional 64,213 shares during the period. Finally, Ameritas Advisory Services LLC raised its position in shares of 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 worth $4,897,000 after buying an additional 196,637 shares in the last quarter.
First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%
NASDAQ FTQI traded down $0.08 on Wednesday, reaching $22.07. 180,988 shares of the stock traded hands, compared to its average volume of 331,505. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $19.23 and a 12 month high of $22.55. The firm’s fifty day simple moving average is $22.17 and its 200 day simple moving average is $21.83. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65.
First Trust NASDAQ BuyWrite Income ETF Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.2220 per share. This represents a $2.66 annualized dividend and a yield of 12.1%. The ex-dividend date was Thursday, September 24th.
First Trust NASDAQ BuyWrite Income ETF 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.
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