Beverly Hills Private Wealth LLC Takes $688,000 Position in First Trust BuyWrite Income ETF $FTHI

Beverly Hills Private Wealth LLC purchased a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 71,217 shares of the company’s stock, valued at approximately $688,000. Beverly Hills Private Wealth LLC owned approximately 0.07% of First Trust BuyWrite Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. LPL Financial LLC raised its holdings in First Trust BuyWrite Income ETF by 19.6% during the 4th quarter. LPL Financial LLC now owns 9,018,353 shares of the company’s stock valued at $213,013,000 after acquiring an additional 1,478,322 shares during the period. Royal Bank of Canada lifted its position in shares of First Trust BuyWrite Income ETF by 144.9% during the fourth quarter. Royal Bank of Canada now owns 2,070,586 shares of the company’s stock worth $48,907,000 after acquiring an additional 1,225,201 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of First Trust BuyWrite Income ETF by 10.8% in the fourth quarter. Wells Fargo & Company MN now owns 6,444,777 shares of the company’s stock worth $152,226,000 after acquiring an additional 626,512 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% in the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock worth $12,530,000 after acquiring an additional 517,536 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of First Trust BuyWrite Income ETF by 31.1% in the first quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock worth $41,686,000 after acquiring an additional 431,366 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ FTHI opened at $24.33 on Monday. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.36. The stock has a market cap of $2.47 billion, a PE ratio of 25.34 and a beta of 0.62. 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 business 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.

About First Trust BuyWrite Income ETF

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.