First Trust BuyWrite Income ETF (NASDAQ:FTHI) Reaches New 12-Month High – Here’s What Happened

Posted by Maurice Goldstein on Nov 27th, 2024

First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $23.92 and last traded at $23.82, with a volume of 14882 shares. The stock had previously closed at $23.68.

First Trust BuyWrite Income ETF Stock Performance

The business’s 50 day moving average is $23.25 and its two-hundred day moving average is $22.77. The firm has a market capitalization of $1.00 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a $0.172 dividend. The ex-dividend date is Thursday, November 21st.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust BuyWrite Income ETF in the third quarter worth about $50,000. World Investment Advisors LLC purchased a new stake in First Trust BuyWrite Income ETF in the 3rd quarter worth approximately $1,743,000. Sanctuary Advisors LLC bought a new position in First Trust BuyWrite Income ETF in the 3rd quarter valued at $403,000. Legacy Investment Solutions LLC purchased a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter valued at $219,000. Finally, Dunhill Financial LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 12.5% in the third quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock worth $8,159,000 after purchasing an additional 39,394 shares during the period.

About First Trust BuyWrite Income ETF

(Get Free Report)

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.