LPL Financial LLC Boosts Holdings in First Trust BuyWrite Income ETF $FTHI

LPL Financial LLC grew its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 19.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,018,353 shares of the company’s stock after purchasing an additional 1,478,322 shares during the period. LPL Financial LLC owned approximately 10.86% of First Trust BuyWrite Income ETF worth $213,013,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FTHI. Ergawealth Advisors Inc. lifted its position in First Trust BuyWrite Income ETF by 87.2% during the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after acquiring an additional 976,948 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of First Trust BuyWrite Income ETF by 4,757.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after acquiring an additional 517,536 shares during the last quarter. Sun Financial Inc bought a new stake in shares of First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $8,756,000. HUB Investment Partners LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $8,613,000. Finally, D.A. Davidson & CO. grew its stake in First Trust BuyWrite Income ETF by 6.9% during the 4th quarter. D.A. Davidson & CO. now owns 2,804,828 shares of the company’s stock worth $66,250,000 after buying an additional 180,961 shares during the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI opened at $23.54 on Wednesday. The company has a market cap of $2.12 billion, a P/E ratio of 25.34 and a beta of 0.62. The stock has a fifty day moving average price of $23.63 and a 200 day moving average price of $23.62. First Trust BuyWrite Income ETF has a 12 month low of $22.35 and a 12 month high of $24.18.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 21st were given a dividend of $0.172 per share. The ex-dividend date was Thursday, May 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.