First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Hits New 12-Month High – Here’s What Happened

Shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) reached a new 52-week high on Wednesday . The company traded as high as $21.83 and last traded at $21.83, with a volume of 19290 shares changing hands. The stock had previously closed at $21.79.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

The business’s fifty day moving average price is $20.88 and its two-hundred day moving average price is $20.78. The stock has a market capitalization of $826.98 million, a P/E ratio of 32.31 and a beta of 0.63.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a $0.199 dividend. The ex-dividend date of this dividend is Thursday, May 21st.

Hedge Funds Weigh In On First Trust NASDAQ BuyWrite Income ETF

Large investors have recently bought and sold shares of the business. Spartan Wealth Advisory Services LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF in the first quarter worth $10,234,000. Wells Fargo & Company MN lifted its position in shares of 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 purchasing an additional 417,518 shares during the last quarter. LPL Financial LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 10.7% during the fourth quarter. LPL Financial LLC now owns 3,185,721 shares of the company’s stock valued at $66,327,000 after purchasing an additional 307,710 shares during the period. Sun Financial Inc purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the fourth quarter valued at $5,052,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 97.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 143,722 shares of the company’s stock worth $2,992,000 after purchasing an additional 70,792 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Company 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.