First Trust BuyWrite Income ETF (NASDAQ:FTHI) Shares Sold by BlueChip Wealth Advisors LLC

BlueChip Wealth Advisors LLC lowered its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 9.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 14,362 shares of the company’s stock after selling 1,562 shares during the quarter. BlueChip Wealth Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $334,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FTHI. Raymond James Financial Inc. purchased a new stake in First Trust BuyWrite Income ETF in the fourth quarter valued at approximately $56,099,000. LPL Financial LLC lifted its stake in First Trust BuyWrite Income ETF by 16.2% during the 4th quarter. LPL Financial LLC now owns 5,525,369 shares of the company’s stock valued at $128,575,000 after acquiring an additional 771,816 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of First Trust BuyWrite Income ETF by 138,919.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock valued at $4,192,000 after acquiring an additional 181,985 shares during the last quarter. Stifel Financial Corp increased its stake in shares of First Trust BuyWrite Income ETF by 38.4% in the third quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock worth $14,858,000 after acquiring an additional 178,982 shares during the period. Finally, Elevation Wealth Partners LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 649.2% during the fourth quarter. Elevation Wealth Partners LLC now owns 173,382 shares of the company’s stock worth $4,112,000 after purchasing an additional 150,240 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $21.78 on Friday. The firm’s fifty day moving average is $23.00 and its two-hundred day moving average is $23.23. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 24.09 and a beta of 0.72. First Trust BuyWrite Income ETF has a one year low of $20.96 and a one year high of $24.09.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a $0.174 dividend. The ex-dividend date of this dividend is Thursday, March 27th.

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.