LPL Financial LLC Buys 49,997 Shares of First Trust NASDAQ BuyWrite Income ETF (NYSEARCA:FTQI)

LPL Financial LLC grew its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NYSEARCA:FTQI – Get Rating) by 53.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 143,300 shares of the company’s stock after acquiring an additional 49,997 shares during the period. LPL Financial LLC owned about 9.55% of First Trust NASDAQ BuyWrite Income ETF worth $2,585,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of FTQI. Sowell Financial Services LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the third quarter worth approximately $1,162,000. Jane Street Group LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the third quarter worth approximately $310,000. Private Advisor Group LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter worth approximately $1,953,000. Avaii Wealth Management LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 3.1% in the fourth quarter. Avaii Wealth Management LLC now owns 64,342 shares of the company’s stock worth $1,161,000 after buying an additional 1,951 shares in the last quarter. Finally, Capital Investment Advisory Services LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF in the fourth quarter worth approximately $114,000.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.1 %

Shares of NYSEARCA:FTQI opened at $19.45 on Friday. The company has a market capitalization of $30.15 million, a price-to-earnings ratio of 21.10 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $17.44 and a 52 week high of $21.81. The firm has a 50 day moving average of $19.28 and a 200 day moving average of $18.92.

First Trust NASDAQ BuyWrite Income ETF Company Profile

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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.