Kestra Investment Management LLC Takes Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Kestra Investment Management LLC acquired a new stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,131 shares of the company’s stock, valued at approximately $50,000.

A number of other large investors have also made changes to their positions in FTHI. Atria Wealth Solutions Inc. raised its position in First Trust BuyWrite Income ETF by 7.4% in the fourth quarter. Atria Wealth Solutions Inc. now owns 173,139 shares of the company’s stock worth $4,029,000 after purchasing an additional 11,875 shares in the last quarter. D.A. Davidson & CO. raised its position in First Trust BuyWrite Income ETF by 5.2% in the fourth quarter. D.A. Davidson & CO. now owns 108,179 shares of the company’s stock worth $2,517,000 after purchasing an additional 5,303 shares in the last quarter. J.W. Cole Advisors Inc. raised its position in First Trust BuyWrite Income ETF by 29.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 15,096 shares of the company’s stock worth $351,000 after purchasing an additional 3,463 shares in the last quarter. Principal Securities Inc. raised its position in First Trust BuyWrite Income ETF by 1.1% in the fourth quarter. Principal Securities Inc. now owns 90,888 shares of the company’s stock worth $2,115,000 after purchasing an additional 953 shares in the last quarter. Finally, Puff Wealth Management LLC acquired a new position in First Trust BuyWrite Income ETF in the fourth quarter worth about $1,086,000.

First Trust BuyWrite Income ETF Stock Down 1.8 %

NASDAQ:FTHI opened at $23.24 on Friday. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09. The firm has a market capitalization of $1.15 billion, a PE ratio of 18.59 and a beta of 0.72. The firm has a 50-day moving average price of $23.51 and a 200 day moving average price of $23.25.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a $0.174 dividend. The ex-dividend date of this dividend is Friday, February 21st.

About First Trust BuyWrite Income ETF

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.