Beverly Hills Private Wealth LLC Acquires New Holdings in First Trust BuyWrite Income ETF $FTHI

Beverly Hills Private Wealth LLC bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 71,217 shares of the company’s stock, valued at approximately $688,000.

Several other institutional investors and hedge funds have also bought and sold shares of FTHI. Ascentis Independent Advisors bought a new position in First Trust BuyWrite Income ETF in the 1st quarter valued at $26,000. JPMorgan Chase & Co. bought a new position in shares of First Trust BuyWrite Income ETF in the third quarter worth $27,000. Global Retirement Partners LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock worth $89,000 after purchasing an additional 504 shares during the period. IMG Wealth Management Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 15.8% in the first quarter. IMG Wealth Management Inc. now owns 5,594 shares of the company’s stock worth $128,000 after purchasing an additional 763 shares during the period. Finally, Aptus Capital Advisors LLC raised its position in shares of First Trust BuyWrite Income ETF by 21.4% in the third quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock worth $128,000 after buying an additional 949 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $24.33 on Monday. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 52-week low of $22.37 and a 52-week high of $24.36. The stock has a fifty day moving average of $23.81 and a 200 day moving average of $23.66.

First Trust BuyWrite Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were paid a $0.179 dividend. The ex-dividend date was Tuesday, July 21st. This is an increase 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.