Foresight Capital Management Advisors Inc. Buys Shares of 211,875 First Trust BuyWrite Income ETF $FTHI

Foresight Capital Management Advisors Inc. bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 211,875 shares of the company’s stock, valued at approximately $5,053,000. First Trust BuyWrite Income ETF makes up about 2.5% of Foresight Capital Management Advisors Inc.’s investment portfolio, making the stock its 12th largest position.

A number of other large investors have also made changes to their positions in FTHI. Truist Financial Corp grew its position in First Trust BuyWrite Income ETF by 169.0% during the fourth quarter. Truist Financial Corp now owns 175,169 shares of the company’s stock worth $4,137,000 after buying an additional 110,050 shares during the period. CWM LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 24.2% in the 4th quarter. CWM LLC now owns 658,785 shares of the company’s stock worth $15,560,000 after acquiring an additional 128,379 shares during the period. Strategic Financial Concepts LLC purchased a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $2,458,000. Brookstone Capital Management raised its holdings in First Trust BuyWrite Income ETF by 54.9% during the first quarter. Brookstone Capital Management now owns 80,702 shares of the company’s stock worth $1,852,000 after purchasing an additional 28,619 shares during the last quarter. Finally, World Investment Advisors acquired a new position in First Trust BuyWrite Income ETF during the fourth quarter worth $833,000.

First Trust BuyWrite Income ETF Stock Performance

FTHI opened at $23.95 on Friday. The business’s fifty day moving average is $23.77 and its two-hundred day moving average is $23.65. The company has a market cap of $2.43 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a one year low of $22.37 and a one year high of $24.18.

First Trust BuyWrite Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were paid a dividend of $0.179 per share. This is a boost from First Trust BuyWrite Income ETF’s previous dividend of $0.17. The ex-dividend date of this dividend was Tuesday, July 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.