MJP Associates Inc. ADV Buys 82,436 Shares of First Trust BuyWrite Income ETF $FTHI

MJP Associates Inc. ADV raised its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 22.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 457,777 shares of the company’s stock after purchasing an additional 82,436 shares during the period. First Trust BuyWrite Income ETF accounts for about 1.4% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 15th biggest holding. MJP Associates Inc. ADV owned approximately 0.55% of First Trust BuyWrite Income ETF worth $10,813,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in First Trust BuyWrite Income ETF during the third quarter valued at about $27,000. Aventura Private Wealth LLC bought a new stake in First Trust BuyWrite Income ETF during the fourth quarter valued at about $51,000. Aptus Capital Advisors LLC grew its holdings in First Trust BuyWrite Income ETF by 21.4% during the third quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock valued at $128,000 after purchasing an additional 949 shares during the period. Flagship Harbor Advisors LLC bought a new stake in First Trust BuyWrite Income ETF during the fourth quarter valued at about $143,000. Finally, Advisory Services Network LLC bought a new stake in First Trust BuyWrite Income ETF during the third quarter valued at about $175,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $23.93 on Thursday. The stock has a 50-day simple moving average of $23.42 and a two-hundred day simple moving average of $23.61. First Trust BuyWrite Income ETF has a 52-week low of $21.67 and a 52-week high of $24.18. The firm has a market capitalization of $2.16 billion, a PE ratio of 25.34 and a beta of 0.63.

First Trust BuyWrite Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, April 21st were paid a $0.172 dividend. The ex-dividend date of this dividend was Tuesday, April 21st.

First Trust BuyWrite Income ETF Company 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.