Legacy Wealth Managment LLC ID Grows Stock Position in First Trust BuyWrite Income ETF $FTHI

Legacy Wealth Managment LLC ID raised its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 97.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 70,540 shares of the company’s stock after acquiring an additional 34,801 shares during the quarter. First Trust BuyWrite Income ETF makes up about 0.8% of Legacy Wealth Managment LLC ID’s holdings, making the stock its 25th largest holding. Legacy Wealth Managment LLC ID’s holdings in First Trust BuyWrite Income ETF were worth $1,619,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in FTHI. LPL Financial LLC grew its stake in shares of First Trust BuyWrite Income ETF by 19.6% during the fourth quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock worth $213,013,000 after acquiring an additional 1,478,322 shares during the last quarter. Wells Fargo & Company MN raised its position 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. D.A. Davidson & CO. boosted its stake in First Trust BuyWrite Income ETF by 7.3% in the 1st quarter. D.A. Davidson & CO. now owns 3,010,900 shares of the company’s stock worth $69,100,000 after purchasing an additional 206,072 shares in the last quarter. Ergawealth Advisors Inc. boosted its stake in First Trust BuyWrite Income ETF by 87.2% in the 4th 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. Finally, Royal Bank of Canada grew its position in First Trust BuyWrite Income ETF by 144.9% during the 4th 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 during the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.3%

Shares of First Trust BuyWrite Income ETF stock opened at $23.71 on Tuesday. First Trust BuyWrite Income ETF has a 12-month low of $22.37 and a 12-month high of $24.18. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. The firm’s 50 day simple moving average is $23.81 and its two-hundred day simple moving average is $23.66.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust BuyWrite Income ETF 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.