IMG Wealth Management Inc. Takes Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

IMG Wealth Management Inc. acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 2,633 shares of the company’s stock, valued at approximately $61,000.

A number of other institutional investors also recently made changes to their positions in the business. Kestra Private Wealth Services LLC boosted its position in First Trust BuyWrite Income ETF by 2.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 30,786 shares of the company’s stock valued at $716,000 after buying an additional 649 shares during the period. Sigma Planning Corp boosted its position in First Trust BuyWrite Income ETF by 7.1% during the 4th quarter. Sigma Planning Corp now owns 11,877 shares of the company’s stock valued at $276,000 after buying an additional 788 shares during the period. Oppenheimer & Co. Inc. boosted its position in First Trust BuyWrite Income ETF by 8.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 10,075 shares of the company’s stock valued at $232,000 after buying an additional 824 shares during the period. US Bancorp DE boosted its position in First Trust BuyWrite Income ETF by 5.2% during the 4th quarter. US Bancorp DE now owns 19,029 shares of the company’s stock valued at $443,000 after buying an additional 932 shares during the period. Finally, Principal Securities Inc. boosted its position in First Trust BuyWrite Income ETF by 1.1% during the 4th quarter. Principal Securities Inc. now owns 90,888 shares of the company’s stock valued at $2,115,000 after buying an additional 953 shares during the period.

First Trust BuyWrite Income ETF Stock Up 2.0 %

Shares of FTHI opened at $22.06 on Monday. The stock has a market capitalization of $1.09 billion, a P/E ratio of 24.49 and a beta of 0.72. The firm has a fifty day simple moving average of $23.22 and a two-hundred day simple moving average of $23.27. First Trust BuyWrite Income ETF has a twelve month low of $20.96 and a twelve month high of $24.09.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.174 per share. The ex-dividend date of this dividend was 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.