Independent Financial Group LLC Takes $1.19 Million Position in First Trust BuyWrite Income ETF $FTHI

Independent Financial Group LLC bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHIFree Report) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 51,867 shares of the company’s stock, valued at approximately $1,190,000. Independent Financial Group LLC owned about 0.06% of First Trust BuyWrite Income ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in First Trust BuyWrite Income ETF by 19.6% in the fourth quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock valued at $213,013,000 after acquiring an additional 1,478,322 shares during the last quarter. Royal Bank of Canada increased its position in shares of First Trust BuyWrite Income ETF by 144.9% during the fourth quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock worth $48,907,000 after purchasing an additional 1,225,201 shares in the last quarter. Ergawealth Advisors Inc. increased its position in shares of First Trust BuyWrite Income ETF by 87.2% during the fourth quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after purchasing an additional 976,948 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust BuyWrite Income ETF by 10.8% in the 4th quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock valued at $152,226,000 after purchasing an additional 626,512 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after purchasing an additional 517,536 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.3%

Shares of NASDAQ FTHI opened at $23.71 on Tuesday. The business has a 50-day moving average price of $23.81 and a 200 day moving average price of $23.66. The stock has a market cap of $2.37 billion, a PE ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 52-week low of $22.37 and a 52-week high of $24.18.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.172 dividend. The ex-dividend date was Thursday, June 25th.

About First Trust BuyWrite Income ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust BuyWrite Income ETF (NASDAQ:FTHI)

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