Marshall Investment Management LLC Takes Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Marshall Investment Management LLC acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,974 shares of the company’s stock, valued at approximately $345,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sigma Planning Corp grew its position in shares of First Trust BuyWrite Income ETF by 7.1% in the fourth quarter. Sigma Planning Corp now owns 11,877 shares of the company’s stock valued at $276,000 after purchasing an additional 788 shares during the period. Redmond Asset Management LLC increased its stake in First Trust BuyWrite Income ETF by 20.7% during the fourth quarter. Redmond Asset Management LLC now owns 16,814 shares of the company’s stock worth $391,000 after acquiring an additional 2,888 shares during the last quarter. Treasure Coast Financial Planning increased its stake in First Trust BuyWrite Income ETF by 16.5% during the fourth quarter. Treasure Coast Financial Planning now owns 17,640 shares of the company’s stock worth $410,000 after acquiring an additional 2,500 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in First Trust BuyWrite Income ETF during the fourth quarter worth about $50,000. Finally, Atria Wealth Solutions Inc. increased its stake in First Trust BuyWrite Income ETF by 7.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 173,139 shares of the company’s stock worth $4,029,000 after acquiring an additional 11,875 shares during the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTHI opened at $23.24 on Friday. The firm has a market capitalization of $1.15 billion, a PE ratio of 18.59 and a beta of 0.72. The business has a 50-day moving average of $23.51 and a two-hundred day moving average of $23.26. First Trust BuyWrite Income ETF has a 12 month low of $20.96 and a 12 month high of $24.09.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.174 per share. The ex-dividend date is Friday, February 21st.

First Trust BuyWrite Income ETF 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.