Farther Finance Advisors LLC Has $3.33 Million Stake in First Trust BuyWrite Income ETF $FTHI

Farther Finance Advisors LLC boosted its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 63.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,143 shares of the company’s stock after purchasing an additional 54,978 shares during the period. Farther Finance Advisors LLC owned 0.17% of First Trust BuyWrite Income ETF worth $3,334,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FTHI. JPMorgan Chase & Co. acquired a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at $27,000. GoalVest Advisory LLC increased its holdings in First Trust BuyWrite Income ETF by 82.2% during the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock valued at $35,000 after purchasing an additional 668 shares in the last quarter. CX Institutional acquired a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at $36,000. Aventura Private Wealth LLC acquired a new stake in First Trust BuyWrite Income ETF during the 4th quarter valued at $51,000. Finally, AdvisorNet Financial Inc increased its holdings in First Trust BuyWrite Income ETF by 51.3% during the 3rd quarter. AdvisorNet Financial Inc now owns 5,307 shares of the company’s stock valued at $126,000 after purchasing an additional 1,799 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Performance

Shares of FTHI opened at $23.74 on Friday. The business’s fifty day moving average price is $23.43 and its two-hundred day moving average price is $23.61. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 52 week low of $20.38 and a 52 week high of $24.18.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.177 dividend. The ex-dividend date of this dividend was Thursday, March 26th.

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.