B. Riley Wealth Advisors Inc. Takes $1.21 Million Position in First Trust NASDAQ BuyWrite Income ETF $FTQI

B. Riley Wealth Advisors Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 62,028 shares of the company’s stock, valued at approximately $1,213,000. B. Riley Wealth Advisors Inc. owned 0.19% of First Trust NASDAQ BuyWrite Income ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. RiverTree Advisors LLC lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 109.8% in the second quarter. RiverTree Advisors LLC now owns 138,589 shares of the company’s stock valued at $2,711,000 after acquiring an additional 72,522 shares during the last quarter. Fifth Third Securities Inc. raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 13.2% in the 2nd quarter. Fifth Third Securities Inc. now owns 558,410 shares of the company’s stock valued at $10,923,000 after purchasing an additional 64,957 shares during the period. Balboa Wealth Partners acquired a new stake in First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter valued at about $907,000. International Assets Investment Management LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 37.3% during the second quarter. International Assets Investment Management LLC now owns 97,505 shares of the company’s stock worth $1,907,000 after purchasing an additional 26,467 shares during the period. Finally, Cetera Investment Advisers increased its position in First Trust NASDAQ BuyWrite Income ETF by 18.0% during the second quarter. Cetera Investment Advisers now owns 151,960 shares of the company’s stock worth $2,972,000 after buying an additional 23,149 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

FTQI opened at $20.64 on Tuesday. The business has a fifty day simple moving average of $20.80 and a 200 day simple moving average of $20.23. First Trust NASDAQ BuyWrite Income ETF has a 1 year low of $16.25 and a 1 year high of $21.36. The company has a market capitalization of $734.78 million, a PE ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) annualized dividend and a yield of 11.9%.

First Trust NASDAQ BuyWrite Income ETF Company 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.