Kestra Private Wealth Services LLC Raises Stock Holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Kestra Private Wealth Services LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 34.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 39,622 shares of the company’s stock after acquiring an additional 10,199 shares during the period. Kestra Private Wealth Services LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $825,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MML Investors Services LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 4.6% in the 3rd quarter. MML Investors Services LLC now owns 43,080 shares of the company’s stock valued at $882,000 after buying an additional 1,883 shares during the period. CWM LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 5.3% during the third quarter. CWM LLC now owns 46,811 shares of the company’s stock worth $959,000 after purchasing an additional 2,341 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the fourth quarter worth about $50,000. Sterling Manor Financial LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 21.0% during the third quarter. Sterling Manor Financial LLC now owns 14,861 shares of the company’s stock worth $304,000 after purchasing an additional 2,583 shares during the period. Finally, Arete Wealth Advisors LLC increased its stake in First Trust NASDAQ BuyWrite Income ETF by 23.2% during the third quarter. Arete Wealth Advisors LLC now owns 17,163 shares of the company’s stock worth $350,000 after purchasing an additional 3,235 shares during the period.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTQI opened at $21.32 on Friday. The firm has a market capitalization of $570.31 million, a PE ratio of 29.15 and a beta of 0.52. The firm’s 50-day moving average is $21.08 and its two-hundred day moving average is $20.64. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $18.23 and a 1 year high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a dividend of $0.207 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous dividend of $0.20.

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.