Sequent Planning LLC Boosts Stock Holdings in First Trust BuyWrite Income ETF $FTHI

Sequent Planning LLC grew its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 68.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,372 shares of the company’s stock after purchasing an additional 41,549 shares during the period. Sequent Planning LLC owned approximately 0.12% of First Trust BuyWrite Income ETF worth $2,418,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Stephens Inc. AR purchased a new position in First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $384,000. Cornerstone Wealth Management LLC lifted its position in shares of First Trust BuyWrite Income ETF by 18.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 46,332 shares of the company’s stock worth $1,094,000 after acquiring an additional 7,064 shares in the last quarter. World Investment Advisors bought a new position in shares of First Trust BuyWrite Income ETF in the fourth quarter worth $833,000. Advisor OS LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 13.0% in the fourth quarter. Advisor OS LLC now owns 457,777 shares of the company’s stock worth $10,813,000 after acquiring an additional 52,675 shares during the period. Finally, Legacy Wealth Managment LLC ID grew its position in shares of First Trust BuyWrite Income ETF by 13.8% in the fourth quarter. Legacy Wealth Managment LLC ID now owns 35,739 shares of the company’s stock valued at $844,000 after purchasing an additional 4,324 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $23.88 on Monday. 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 cap of $2.15 billion, a price-to-earnings ratio of 25.34 and a beta of 0.63. The business’s fifty day moving average is $23.39 and its 200 day moving average is $23.61.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Tuesday, April 21st.

First Trust BuyWrite Income ETF 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.