TAP Consulting LLC Acquires New Stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

TAP Consulting LLC bought a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,516 shares of the company’s stock, valued at approximately $315,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kestra Private Wealth Services LLC grew its position in First Trust BuyWrite Income ETF by 2.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 30,786 shares of the company’s stock valued at $716,000 after buying an additional 649 shares during the period. Sigma Planning Corp boosted its stake in shares of First Trust BuyWrite Income ETF by 7.1% during the 4th quarter. Sigma Planning Corp now owns 11,877 shares of the company’s stock worth $276,000 after acquiring an additional 788 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of First Trust BuyWrite Income ETF by 8.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,075 shares of the company’s stock valued at $232,000 after acquiring an additional 824 shares during the period. US Bancorp DE increased its stake in shares of First Trust BuyWrite Income ETF by 5.2% in the 4th quarter. US Bancorp DE now owns 19,029 shares of the company’s stock worth $443,000 after purchasing an additional 932 shares in the last quarter. Finally, Principal Securities Inc. raised its holdings in First Trust BuyWrite Income ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 90,888 shares of the company’s stock worth $2,115,000 after purchasing an additional 953 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $22.25 on Thursday. The stock has a 50-day simple moving average of $23.14 and a two-hundred day simple moving average of $23.25. The firm has a market capitalization of $1.10 billion, a PE ratio of 24.09 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52-week low of $20.96 and a 52-week high of $24.09.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.174 per share. The ex-dividend date was Friday, February 21st.

First Trust BuyWrite Income ETF Company Profile

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.