CoreCap Advisors LLC Grows Position in First Trust BuyWrite Income ETF $FTHI

CoreCap Advisors LLC boosted its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 676.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,314 shares of the company’s stock after acquiring an additional 30,765 shares during the quarter. CoreCap Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $837,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FTHI. Bank of Montreal Can purchased a new position in shares of First Trust BuyWrite Income ETF during the second quarter valued at approximately $31,000. GoalVest Advisory LLC lifted its stake in shares of First Trust BuyWrite Income ETF by 82.2% during the 3rd quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock worth $35,000 after acquiring an additional 668 shares during the last quarter. Asset Dedication LLC purchased a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at $44,000. AdvisorNet Financial Inc grew its position in First Trust BuyWrite Income ETF by 84.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 3,508 shares of the company’s stock valued at $80,000 after acquiring an additional 1,608 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its position in First Trust BuyWrite Income ETF by 16.6% in the 2nd quarter. IMG Wealth Management Inc. now owns 4,259 shares of the company’s stock valued at $97,000 after acquiring an additional 606 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.4%

NASDAQ:FTHI opened at $23.95 on Friday. First Trust BuyWrite Income ETF has a twelve month low of $19.07 and a twelve month high of $24.03. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The stock has a fifty day simple moving average of $23.65 and a 200-day simple moving average of $23.45.

First Trust BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.177 per share. The ex-dividend date was Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

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.