Spartan Wealth Advisory Services LLC Invests $10.23 Million in First Trust NASDAQ BuyWrite Income ETF $FTQI

Spartan Wealth Advisory Services LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 513,768 shares of the company’s stock, valued at approximately $10,234,000. First Trust NASDAQ BuyWrite Income ETF comprises approximately 0.9% of Spartan Wealth Advisory Services LLC’s holdings, making the stock its 26th biggest holding. Spartan Wealth Advisory Services LLC owned about 1.36% of First Trust NASDAQ BuyWrite Income ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its position in First Trust NASDAQ BuyWrite Income ETF by 10.7% during the 4th quarter. LPL Financial LLC now owns 3,185,721 shares of the company’s stock worth $66,327,000 after acquiring an additional 307,710 shares during the period. Wells Fargo & Company MN grew its stake in First Trust NASDAQ BuyWrite Income ETF by 26.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,011,400 shares of the company’s stock valued at $41,877,000 after purchasing an additional 417,518 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 3.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,137,323 shares of the company’s stock valued at $23,679,000 after purchasing an additional 34,266 shares during the period. Cetera Investment Advisers raised its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 7.5% in the fourth quarter. Cetera Investment Advisers now owns 312,306 shares of the company’s stock worth $6,502,000 after purchasing an additional 21,805 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 1.0% in the second quarter. Snowden Capital Advisors LLC now owns 265,570 shares of the company’s stock worth $5,195,000 after purchasing an additional 2,606 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%

Shares of NASDAQ FTQI opened at $22.07 on Friday. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $19.23 and a 52 week high of $22.37. The business’s 50 day moving average price is $21.89 and its 200 day moving average price is $21.10. The firm has a market cap of $928.04 million, a P/E ratio of 32.31 and a beta of 0.63.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.199 per share. The ex-dividend date was Thursday, June 25th.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.