First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Sold by RiverTree Advisors LLC

RiverTree Advisors LLC lowered its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 41.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,420 shares of the company’s stock after selling 49,842 shares during the quarter. First Trust BuyWrite Income ETF makes up about 1.1% of RiverTree Advisors LLC’s holdings, making the stock its 24th biggest position. RiverTree Advisors LLC owned 0.15% of First Trust BuyWrite Income ETF worth $1,662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of FTHI. Envestnet Asset Management Inc. raised its stake in First Trust BuyWrite Income ETF by 34.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 334,988 shares of the company’s stock worth $7,527,000 after acquiring an additional 85,052 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 25.8% in the 2nd quarter. AE Wealth Management LLC now owns 27,458 shares of the company’s stock valued at $617,000 after purchasing an additional 5,624 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of First Trust BuyWrite Income ETF by 16.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 74,146 shares of the company’s stock valued at $1,666,000 after purchasing an additional 10,585 shares during the period. Private Client Services LLC purchased a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $230,000. Finally, ZRC Wealth Management LLC acquired a new position in First Trust BuyWrite Income ETF during the third quarter worth approximately $533,000.

First Trust BuyWrite Income ETF Trading Up 0.6 %

FTHI stock opened at $23.54 on Monday. The company has a market capitalization of $1.12 billion, a P/E ratio of 18.59 and a beta of 0.72. The business has a 50 day simple moving average of $23.61 and a 200-day simple moving average of $23.08. First Trust BuyWrite Income ETF has a twelve month low of $20.96 and a twelve month high of $24.09.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.172 per share. The ex-dividend date was Friday, December 13th.

First Trust BuyWrite Income ETF Profile

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.