SRS Capital Advisors Inc. Purchases New Position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

SRS Capital Advisors Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 21,198 shares of the company’s stock, valued at approximately $441,000. SRS Capital Advisors Inc. owned approximately 0.08% of First Trust NASDAQ BuyWrite Income ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FTQI. Global Retirement Partners LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 4th quarter worth approximately $32,000. Kestra Investment Management LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 4th quarter worth approximately $42,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 4th quarter worth approximately $50,000. Atria Investments Inc purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $233,000. Finally, Atria Wealth Solutions Inc. increased its stake in First Trust NASDAQ BuyWrite Income ETF by 7.9% during the 4th quarter. Atria Wealth Solutions Inc. now owns 14,999 shares of the company’s stock worth $312,000 after buying an additional 1,098 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Down 2.2 %

NASDAQ:FTQI opened at $19.91 on Tuesday. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.49. The stock has a 50 day moving average of $20.97 and a two-hundred day moving average of $20.74. The firm has a market cap of $589.34 million, a P/E ratio of 29.52 and a beta of 0.53.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.207 per share. This is a boost from First Trust NASDAQ BuyWrite Income ETF’s previous monthly dividend of $0.20. This represents a $2.48 annualized dividend and a dividend yield of 12.48%. The ex-dividend date was Friday, February 21st.

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.