First Trust NASDAQ BuyWrite Income ETF $FTQI Stock: Fifth Third Securities Inc. Grows Holdings

Fifth Third Securities Inc. increased its holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 13.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 633,197 shares of the company’s stock after acquiring an additional 73,297 shares during the quarter. Fifth Third Securities Inc. owned approximately 1.38% of First Trust NASDAQ BuyWrite Income ETF worth $14,032,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sigma Planning Corp lifted its position in First Trust NASDAQ BuyWrite Income ETF by 0.9% during the 1st quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock worth $1,167,000 after acquiring an additional 494 shares during the period. Western Wealth Management LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 5.7% in the first quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock valued at $283,000 after buying an additional 771 shares in the last quarter. World Investment Advisors lifted its holdings in First Trust NASDAQ BuyWrite Income ETF by 1.8% in the first quarter. World Investment Advisors now owns 47,755 shares of the company’s stock valued at $951,000 after acquiring an additional 849 shares during the period. IFP Advisors Inc boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 3.6% during the 3rd quarter. IFP Advisors Inc now owns 26,842 shares of the company’s stock worth $595,000 after purchasing an additional 927 shares in the last quarter. Finally, Tactive Advisors LLC lifted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 3.8% in the second quarter. Tactive Advisors LLC now owns 26,055 shares of the company’s stock valued at $576,000 after purchasing an additional 961 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%

NASDAQ FTQI traded down $0.08 during mid-day trading on Wednesday, hitting $22.07. The stock had a trading volume of 180,988 shares, compared to its average volume of 331,505. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $19.23 and a 52-week high of $22.55. The company has a 50 day simple moving average of $22.17 and a 200 day simple moving average of $21.83.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a $0.2220 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.66 annualized dividend and a dividend yield of 12.1%.

First Trust NASDAQ BuyWrite Income ETF Profile

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.