LPL Financial LLC Purchases 1,478,322 Shares of First Trust BuyWrite Income ETF $FTHI

LPL Financial LLC lifted its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 19.6% in the fourth quarter, HoldingsChannel reports. The fund owned 9,018,353 shares of the company’s stock after buying an additional 1,478,322 shares during the period. LPL Financial LLC owned 0.11% of First Trust BuyWrite Income ETF worth $213,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC bought a new stake in First Trust BuyWrite Income ETF in the first quarter valued at about $497,000. NewEdge Advisors LLC grew its stake in First Trust BuyWrite Income ETF by 31.9% in the first quarter. NewEdge Advisors LLC now owns 45,052 shares of the company’s stock valued at $985,000 after acquiring an additional 10,903 shares during the period. Goldman Sachs Group Inc. acquired a new position in First Trust BuyWrite Income ETF in the first quarter valued at about $901,000. Jane Street Group LLC lifted its holdings in shares of First Trust BuyWrite Income ETF by 13.0% in the first quarter. Jane Street Group LLC now owns 84,413 shares of the company’s stock valued at $1,845,000 after purchasing an additional 9,736 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of First Trust BuyWrite Income ETF in the second quarter valued at about $635,000.

First Trust BuyWrite Income ETF Price Performance

Shares of First Trust BuyWrite Income ETF stock opened at $23.54 on Wednesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. The stock’s 50-day moving average is $23.63 and its 200-day moving average is $23.62. First Trust BuyWrite Income ETF has a one year low of $22.35 and a one year high of $24.18.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a $0.172 dividend. The ex-dividend date was Thursday, May 21st.

About First Trust BuyWrite Income ETF

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.