IFP Advisors Inc Increases Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

IFP Advisors Inc raised its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,361 shares of the company’s stock after purchasing an additional 520 shares during the quarter. IFP Advisors Inc owned 0.07% of First Trust NASDAQ BuyWrite Income ETF worth $437,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Channel Wealth LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.5% during the second quarter. Channel Wealth LLC now owns 22,618 shares of the company’s stock worth $442,000 after acquiring an additional 546 shares during the period. Sowell Financial Services LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 0.5% during the first quarter. Sowell Financial Services LLC now owns 133,023 shares of the company’s stock worth $2,507,000 after acquiring an additional 656 shares during the period. Key Client Fiduciary Advisors LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 7.6% during the second quarter. Key Client Fiduciary Advisors LLC now owns 18,503 shares of the company’s stock worth $362,000 after acquiring an additional 1,303 shares during the period. Wedbush Securities Inc. increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 4.7% during the first quarter. Wedbush Securities Inc. now owns 33,254 shares of the company’s stock worth $627,000 after acquiring an additional 1,495 shares during the period. Finally, Presidio Capital Management LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 9.0% during the second quarter. Presidio Capital Management LLC now owns 22,020 shares of the company’s stock worth $431,000 after acquiring an additional 1,820 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Trading Down 0.0%

First Trust NASDAQ BuyWrite Income ETF stock opened at $20.72 on Wednesday. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $16.25 and a twelve month high of $21.49. The stock’s fifty day simple moving average is $20.38 and its 200-day simple moving average is $19.50. The firm has a market capitalization of $727.27 million, a P/E ratio of 32.31 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.195 dividend. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend was Thursday, September 25th.

About First Trust NASDAQ BuyWrite Income ETF

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.