Sequent Planning LLC Raises Stock Position in First Trust BuyWrite Income ETF $FTHI

Sequent Planning LLC boosted its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 68.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,372 shares of the company’s stock after acquiring an additional 41,549 shares during the period. Sequent Planning LLC’s holdings in First Trust BuyWrite Income ETF were worth $2,418,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in First Trust BuyWrite Income ETF by 9.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,248,815 shares of the company’s stock valued at $77,029,000 after acquiring an additional 270,466 shares in the last quarter. D.A. Davidson & CO. grew its stake in First Trust BuyWrite Income ETF by 6.9% during the fourth quarter. D.A. Davidson & CO. now owns 2,804,828 shares of the company’s stock valued at $66,250,000 after acquiring an additional 180,961 shares in the last quarter. Ergawealth Advisors Inc. grew its stake in First Trust BuyWrite Income ETF by 87.2% during the fourth quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock valued at $49,540,000 after acquiring an additional 976,948 shares in the last quarter. CWM LLC grew its stake in First Trust BuyWrite Income ETF by 24.2% during the fourth quarter. CWM LLC now owns 658,785 shares of the company’s stock valued at $15,560,000 after acquiring an additional 128,379 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in First Trust BuyWrite Income ETF by 4,757.2% during the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after acquiring an additional 517,536 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.88 on Monday. The company has a 50 day moving average of $23.39 and a 200 day moving average of $23.61. The stock has a market cap of $2.15 billion, a P/E ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a 12 month low of $21.67 and a 12 month high of $24.18.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a dividend of $0.172 per share. 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.