Kestra Advisory Services LLC Grows Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

Kestra Advisory Services LLC grew its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 141.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,795 shares of the company’s stock after purchasing an additional 40,254 shares during the period. Kestra Advisory Services LLC owned approximately 0.17% of First Trust NASDAQ BuyWrite Income ETF worth $1,370,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FTQI. LPL Financial LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 10.7% in the fourth quarter. LPL Financial LLC now owns 3,185,721 shares of the company’s stock valued at $66,327,000 after buying an additional 307,710 shares during the period. Wells Fargo & Company MN grew its stake in First Trust NASDAQ BuyWrite Income ETF by 26.2% during the fourth quarter. Wells Fargo & Company MN now owns 2,011,400 shares of the company’s stock worth $41,877,000 after buying an additional 417,518 shares during the period. Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ BuyWrite Income ETF by 3.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,137,323 shares of the company’s stock worth $23,679,000 after buying an additional 34,266 shares during the period. Cetera Investment Advisers increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 7.5% in the fourth quarter. Cetera Investment Advisers now owns 312,306 shares of the company’s stock worth $6,502,000 after acquiring an additional 21,805 shares in the last quarter. Finally, Snowden Capital Advisors LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 1.0% in the second quarter. Snowden Capital Advisors LLC now owns 265,570 shares of the company’s stock worth $5,195,000 after acquiring an additional 2,606 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.2%

Shares of FTQI stock opened at $22.08 on Wednesday. The company has a market cap of $928.46 million, a PE ratio of 32.31 and a beta of 0.63. The company’s fifty day simple moving average is $21.91 and its 200-day simple moving average is $21.12. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $19.23 and a 52 week high of $22.37.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued a $0.222 dividend. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Tuesday, July 21st.

First Trust NASDAQ BuyWrite Income ETF Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.