Ergawealth Advisors Inc. raised its stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) by 87.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,097,358 shares of the company’s stock after acquiring an additional 976,948 shares during the period. First Trust BuyWrite Income ETF makes up 22.8% of Ergawealth Advisors Inc.’s portfolio, making the stock its largest holding. Ergawealth Advisors Inc. owned approximately 2.60% of First Trust BuyWrite Income ETF worth $49,540,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new stake in First Trust BuyWrite Income ETF in the 3rd quarter valued at $27,000. GoalVest Advisory LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 82.2% in the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock worth $35,000 after buying an additional 668 shares during the last quarter. CX Institutional bought a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter worth about $36,000. Asset Dedication LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 2nd quarter worth about $44,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 4th quarter worth about $51,000.
First Trust BuyWrite Income ETF Stock Up 1.8%
First Trust BuyWrite Income ETF stock opened at $23.56 on Thursday. The company’s 50-day moving average price is $23.44 and its 200-day moving average price is $23.61. First Trust BuyWrite Income ETF has a twelve month low of $19.46 and a twelve month high of $24.18. The company has a market cap of $2.11 billion, a PE ratio of 25.34 and a beta of 0.64.
First Trust BuyWrite Income ETF Dividend Announcement
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.
See Also
Want to see what other hedge funds are holding FTHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report).
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