First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Posted by Stanley Muller on Nov 7th, 2026

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $21.48 and traded as low as $20.37. First Trust NASDAQ BuyWrite Income ETF shares last traded at $20.38, with a volume of 1,042,495 shares.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.9%

The business has a fifty day moving average of $22.03 and a 200 day moving average of $21.48. The company has a market capitalization of $958.46 million, a PE ratio of 32.31 and a beta of 0.67.

First Trust NASDAQ BuyWrite Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were given a dividend of $0.2210 per share. This is a drop from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.2220. This represents a $2.65 annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend was Wednesday, October 21st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FTQI. Valmark Advisers Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $515,000. Cornerstone Wealth Management LLC boosted its position in First Trust NASDAQ BuyWrite Income ETF by 12.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 99,453 shares of the company’s stock valued at $2,204,000 after buying an additional 11,051 shares during the period. StoneX Group Inc. purchased a new position in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter valued at approximately $301,000. Kestra Advisory Services LLC grew its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 13.9% in the third quarter. Kestra Advisory Services LLC now owns 100,119 shares of the company’s stock worth $2,219,000 after acquiring an additional 12,194 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the third quarter worth $7,414,000.

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.