Geneos Wealth Management Inc. Has $636,000 Position in First Trust BuyWrite Income ETF $FTHI

Geneos Wealth Management Inc. grew its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 4.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,105 shares of the company’s stock after buying an additional 1,310 shares during the period. Geneos Wealth Management Inc. owned 0.05% of First Trust BuyWrite Income ETF worth $636,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its stake in First Trust BuyWrite Income ETF by 8.0% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 105,011 shares of the company’s stock worth $2,296,000 after purchasing an additional 7,799 shares during the period. Avantax Advisory Services Inc. grew its stake in First Trust BuyWrite Income ETF by 42.6% during the first quarter. Avantax Advisory Services Inc. now owns 130,685 shares of the company’s stock worth $2,857,000 after purchasing an additional 39,012 shares during the period. Citadel Advisors LLC acquired a new stake in First Trust BuyWrite Income ETF during the fourth quarter worth approximately $288,000. Ameriprise Financial Inc. grew its stake in First Trust BuyWrite Income ETF by 5.0% during the fourth quarter. Ameriprise Financial Inc. now owns 12,463 shares of the company’s stock worth $290,000 after purchasing an additional 591 shares during the period. Finally, Oppenheimer & Co. Inc. grew its stake in First Trust BuyWrite Income ETF by 33.1% during the first quarter. Oppenheimer & Co. Inc. now owns 15,735 shares of the company’s stock worth $344,000 after purchasing an additional 3,917 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ:FTHI opened at $23.66 on Friday. The business’s 50 day simple moving average is $23.16 and its two-hundred day simple moving average is $22.37. The firm has a market cap of $1.46 billion, a P/E ratio of 25.34 and a beta of 0.72. First Trust BuyWrite Income ETF has a 52-week low of $19.07 and a 52-week high of $24.09.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 21st were issued a $0.171 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date was Thursday, August 21st.

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.