First Trust NASDAQ BuyWrite Income ETF to Issue Dividend of $0.20 (NASDAQ:FTQI)

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) declared a dividend on Tuesday, August 20th, NASDAQ reports. Investors of record on Wednesday, August 21st will be paid a dividend of 0.203 per share on Friday, August 30th. The ex-dividend date of this dividend is Wednesday, August 21st.

First Trust NASDAQ BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTQI traded down $0.17 during mid-day trading on Wednesday, reaching $20.10. 219,277 shares of the company traded hands, compared to its average volume of 128,589. The company’s 50 day moving average price is $20.25 and its 200-day moving average price is $20.28. The firm has a market cap of $402 million, a PE ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $18.15 and a 52 week high of $20.93.

First Trust NASDAQ BuyWrite Income ETF Company 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.