First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Posted by Linda Flegge on Nov 6th, 2026

Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $21.48 and traded as low as $20.37. First Trust NASDAQ BuyWrite Income ETF shares last traded at $20.38, with a volume of 1,042,495 shares changing hands.

First Trust NASDAQ BuyWrite Income ETF Trading Down 5.6%

The stock has a market capitalization of $948.69 million, a price-to-earnings ratio of 32.31 and a beta of 0.67. The company has a fifty day moving average of $22.06 and a two-hundred day moving average of $21.48.

First Trust NASDAQ BuyWrite Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were given a $0.2210 dividend. This is a negative change from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.2220. This represents a $2.65 dividend on an annualized basis and a dividend yield of 13.0%. The ex-dividend date of this dividend was Wednesday, October 21st.

Institutional Trading of First Trust NASDAQ BuyWrite Income ETF

Institutional investors and hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 183.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,334 shares of the company’s stock worth $30,000 after buying an additional 863 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter worth $33,000. Fifth Third Bancorp bought a new position in First Trust NASDAQ BuyWrite Income ETF in the 1st quarter worth $134,000. WealthBridge Capital Management LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the 3rd quarter worth $204,000. Finally, IMG Wealth Management Inc. lifted its position in First Trust NASDAQ BuyWrite Income ETF by 16.2% during the 1st quarter. IMG Wealth Management Inc. now owns 10,806 shares of the company’s stock worth $215,000 after acquiring an additional 1,507 shares during the last quarter.

About First Trust NASDAQ BuyWrite Income ETF

(Get Free Report)

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.