11,216 Shares in First Trust BuyWrite Income ETF $FTHI Purchased by Novem Group

Novem Group acquired a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,216 shares of the company’s stock, valued at approximately $256,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of FTHI. NBC Securities Inc. bought a new position in shares of First Trust BuyWrite Income ETF during the first quarter valued at approximately $35,000. SBI Securities Co. Ltd. lifted its holdings in shares of First Trust BuyWrite Income ETF by 45.1% in the first quarter. SBI Securities Co. Ltd. now owns 1,719 shares of the company’s stock valued at $38,000 after purchasing an additional 534 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of First Trust BuyWrite Income ETF by 22.7% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,700 shares of the company’s stock valued at $59,000 after purchasing an additional 500 shares in the last quarter. IMG Wealth Management Inc. increased its stake in shares of First Trust BuyWrite Income ETF by 38.7% in the first quarter. IMG Wealth Management Inc. now owns 3,653 shares of the company’s stock worth $80,000 after acquiring an additional 1,020 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its position in First Trust BuyWrite Income ETF by 84.6% during the second quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock worth $80,000 after buying an additional 1,608 shares during the last quarter.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $23.66 on Friday. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.09. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 25.34 and a beta of 0.72. The company’s fifty day moving average price is $23.32 and its two-hundred day moving average price is $22.46.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be given a dividend of $0.171 per share. The ex-dividend date of this dividend is Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

First Trust BuyWrite Income ETF 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.