Geneos Wealth Management Inc. Acquires 23,629 Shares of First Trust NASDAQ BuyWrite Income ETF $FTQI

Geneos Wealth Management Inc. raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 271.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,327 shares of the company’s stock after acquiring an additional 23,629 shares during the quarter. Geneos Wealth Management Inc. owned approximately 0.09% of First Trust NASDAQ BuyWrite Income ETF worth $644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Sigma Planning Corp raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 0.9% in the 1st quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock worth $1,167,000 after purchasing an additional 494 shares during the period. RiverTree Advisors LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 0.5% during the fourth quarter. RiverTree Advisors LLC now owns 133,992 shares of the company’s stock valued at $2,790,000 after purchasing an additional 696 shares during the period. Tactive Advisors LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 2.9% during the first quarter. Tactive Advisors LLC now owns 25,094 shares of the company’s stock valued at $500,000 after purchasing an additional 696 shares during the period. Novem Group grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.5% during the fourth quarter. Novem Group now owns 13,915 shares of the company’s stock valued at $290,000 after purchasing an additional 729 shares during the period. Finally, D.A. Davidson & CO. increased its position in First Trust NASDAQ BuyWrite Income ETF by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 81,938 shares of the company’s stock worth $1,706,000 after buying an additional 832 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

NASDAQ FTQI opened at $22.07 on Monday. The stock’s 50-day moving average price is $21.89 and its 200-day moving average price is $21.10. First Trust NASDAQ BuyWrite Income ETF has a 52 week low of $19.23 and a 52 week high of $22.37. The company has a market capitalization of $928.04 million, a P/E ratio of 32.31 and a beta of 0.63.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.199 dividend. The ex-dividend date of this dividend was Thursday, June 25th.

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.