Strategic Financial Concepts LLC Invests $2.46 Million in First Trust BuyWrite Income ETF $FTHI

Strategic Financial Concepts LLC bought a new position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 104,048 shares of the company’s stock, valued at approximately $2,458,000. First Trust BuyWrite Income ETF accounts for approximately 2.2% of Strategic Financial Concepts LLC’s holdings, making the stock its 11th biggest holding.

Several other institutional investors also recently modified their holdings of the stock. ARQ Wealth Advisors LLC grew its position in shares of First Trust BuyWrite Income ETF by 3.6% during the 4th quarter. ARQ Wealth Advisors LLC now owns 199,481 shares of the company’s stock worth $4,712,000 after buying an additional 6,867 shares during the period. Signature Estate & Investment Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $284,000. Global Retirement Partners LLC grew its position in shares of 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 during the period. MJP Associates Inc. ADV grew its position in shares of First Trust BuyWrite Income ETF by 22.0% in the 4th quarter. MJP Associates Inc. ADV now owns 457,777 shares of the company’s stock valued at $10,813,000 after purchasing an additional 82,436 shares during the period. Finally, Sequent Planning LLC grew its position in shares of First Trust BuyWrite Income ETF by 68.3% in the 4th quarter. Sequent Planning LLC now owns 102,372 shares of the company’s stock valued at $2,418,000 after purchasing an additional 41,549 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of FTHI opened at $23.88 on Friday. The stock has a 50 day simple moving average of $23.44 and a 200 day simple moving average of $23.61. First Trust BuyWrite Income ETF has a 52-week low of $21.67 and a 52-week high of $24.18. The firm has a market capitalization of $2.15 billion, a PE ratio of 25.34 and a beta of 0.63.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be given a $0.172 dividend. The ex-dividend date is Thursday, May 21st.

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.