Cooper Financial Group Decreases Stock Position in First Trust BuyWrite Income ETF $FTHI

Cooper Financial Group trimmed its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 13.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 258,359 shares of the company’s stock after selling 39,596 shares during the period. Cooper Financial Group’s holdings in First Trust BuyWrite Income ETF were worth $6,162,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC raised its position in First Trust BuyWrite Income ETF by 15.4% in the 4th quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock valued at $89,000 after purchasing an additional 504 shares in the last quarter. LVZ Inc. grew its position in shares of First Trust BuyWrite Income ETF by 0.9% during the first quarter. LVZ Inc. now owns 64,152 shares of the company’s stock worth $1,472,000 after buying an additional 551 shares in the last quarter. Novem Group grew its position in shares of First Trust BuyWrite Income ETF by 5.0% during the fourth quarter. Novem Group now owns 11,569 shares of the company’s stock worth $273,000 after buying an additional 552 shares in the last quarter. Gentry Private Wealth LLC increased its stake in shares of First Trust BuyWrite Income ETF by 2.8% during the first quarter. Gentry Private Wealth LLC now owns 21,321 shares of the company’s stock worth $489,000 after buying an additional 573 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of First Trust BuyWrite Income ETF by 2.1% during the fourth quarter. Sanctuary Advisors LLC now owns 27,938 shares of the company’s stock worth $660,000 after buying an additional 584 shares during the period.

First Trust BuyWrite Income ETF Stock Down 0.5%

Shares of NASDAQ:FTHI opened at $23.88 on Friday. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.18. The firm’s 50 day moving average price is $23.77 and its 200 day moving average price is $23.65. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62.

First Trust BuyWrite Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a $0.179 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This is a boost from First Trust BuyWrite Income ETF’s previous dividend of $0.17.

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.