RFG Advisory LLC Raises Stock Position in First Trust BuyWrite Income ETF $FTHI

RFG Advisory LLC raised its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 40.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 73,120 shares of the company’s stock after acquiring an additional 21,180 shares during the quarter. RFG Advisory LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTHI. CoreCap Advisors LLC grew its stake in shares of First Trust BuyWrite Income ETF by 71.4% during the fourth quarter. CoreCap Advisors LLC now owns 60,539 shares of the company’s stock worth $1,430,000 after acquiring an additional 25,225 shares during the last quarter. Ergawealth Advisors Inc. grew its stake 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 acquiring an additional 976,948 shares during the last quarter. Chicago Partners Investment Group LLC purchased a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth about $2,153,000. Concurrent Investment Advisors LLC grew its position in First Trust BuyWrite Income ETF by 23.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 115,082 shares of the company’s stock worth $2,729,000 after purchasing an additional 21,719 shares during the last quarter. Finally, Kingsview Wealth Management LLC purchased a new stake in First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $1,129,000.

First Trust BuyWrite Income ETF Trading Down 0.0%

NASDAQ:FTHI opened at $23.72 on Friday. The company has a market cap of $2.14 billion, a PE ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a twelve month low of $21.67 and a twelve month high of $24.18. The company’s 50 day moving average is $23.38 and its two-hundred day moving average is $23.60.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were given a dividend of $0.172 per share. The ex-dividend date of this dividend was Tuesday, April 21st.

About First Trust BuyWrite Income ETF

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.