Cetera Investment Advisers Decreases Stake in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Cetera Investment Advisers lowered its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 23.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,372 shares of the company’s stock after selling 33,121 shares during the quarter. Cetera Investment Advisers owned approximately 0.40% of First Trust NASDAQ BuyWrite Income ETF worth $2,235,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF in the 4th quarter valued at $50,000. Ameritas Advisory Services LLC raised its position in First Trust NASDAQ BuyWrite Income ETF by 14.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 290,074 shares of the company’s stock valued at $6,039,000 after purchasing an additional 35,755 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in First Trust NASDAQ BuyWrite Income ETF by 16.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 54,759 shares of the company’s stock valued at $1,140,000 after purchasing an additional 7,678 shares during the last quarter. Fifth Third Securities Inc. raised its position in First Trust NASDAQ BuyWrite Income ETF by 113.7% in the 4th quarter. Fifth Third Securities Inc. now owns 442,506 shares of the company’s stock valued at $9,213,000 after purchasing an additional 235,437 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in First Trust NASDAQ BuyWrite Income ETF by 34.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 39,622 shares of the company’s stock valued at $825,000 after purchasing an additional 10,199 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

Shares of FTQI opened at $19.22 on Monday. The stock has a market capitalization of $582.37 million, a P/E ratio of 29.76 and a beta of 0.52. The company’s fifty day moving average is $18.61 and its two-hundred day moving average is $20.10. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $16.25 and a 1 year high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd were paid a $0.188 dividend. The ex-dividend date of this dividend was Tuesday, April 22nd.

First Trust NASDAQ BuyWrite Income ETF 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.