Jane Street Group LLC Sells 9,201 Shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Jane Street Group LLC lessened its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,677 shares of the company’s stock after selling 9,201 shares during the quarter. Jane Street Group LLC owned approximately 0.15% of First Trust BuyWrite Income ETF worth $1,738,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FTHI. Raymond James Financial Inc. bought a new position in shares of First Trust BuyWrite Income ETF during the fourth quarter valued at approximately $56,099,000. LPL Financial LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 16.2% during the fourth quarter. LPL Financial LLC now owns 5,525,369 shares of the company’s stock valued at $128,575,000 after acquiring an additional 771,816 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of First Trust BuyWrite Income ETF by 16.3% during the fourth quarter. Wells Fargo & Company MN now owns 3,366,643 shares of the company’s stock valued at $78,342,000 after acquiring an additional 470,916 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of First Trust BuyWrite Income ETF by 138,919.8% during the third quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock valued at $4,192,000 after acquiring an additional 181,985 shares in the last quarter. Finally, Elevation Wealth Partners LLC raised its holdings in shares of First Trust BuyWrite Income ETF by 649.2% during the fourth quarter. Elevation Wealth Partners LLC now owns 173,382 shares of the company’s stock valued at $4,112,000 after acquiring an additional 150,240 shares in the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.3%

FTHI opened at $22.24 on Friday. The stock has a fifty day simple moving average of $21.52 and a two-hundred day simple moving average of $22.79. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 22.73 and a beta of 0.62. First Trust BuyWrite Income ETF has a 12-month low of $19.07 and a 12-month high of $24.09.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were issued a $0.163 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a $1.96 dividend on an annualized basis and a yield of 8.79%.

First Trust BuyWrite Income ETF Company 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.