Chicago Partners Investment Group LLC Makes New Investment in First Trust BuyWrite Income ETF $FTHI

Chicago Partners Investment Group LLC purchased a new position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 90,000 shares of the company’s stock, valued at approximately $2,153,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FTHI. Commonwealth Equity Services LLC grew its position in First Trust BuyWrite Income ETF by 140.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock valued at $36,645,000 after buying an additional 903,553 shares in the last quarter. Ergawealth Advisors Inc. lifted its stake in shares of First Trust BuyWrite Income ETF by 203.2% in the 3rd quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock worth $26,565,000 after acquiring an additional 750,861 shares during the period. CWM LLC boosted its holdings in shares of First Trust BuyWrite Income ETF by 70.8% in the third quarter. CWM LLC now owns 530,406 shares of the company’s stock valued at $12,576,000 after acquiring an additional 219,901 shares in the last quarter. HBW Advisory Services LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the third quarter valued at approximately $5,072,000. Finally, D.A. Davidson & CO. increased its stake in shares of First Trust BuyWrite Income ETF by 5.5% during the third quarter. D.A. Davidson & CO. now owns 2,623,867 shares of the company’s stock valued at $62,212,000 after acquiring an additional 137,478 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

Shares of NASDAQ FTHI opened at $23.73 on Friday. First Trust BuyWrite Income ETF has a 1 year low of $19.07 and a 1 year high of $24.03. The firm has a market cap of $1.92 billion, a P/E ratio of 25.34 and a beta of 0.64. The stock has a fifty day moving average price of $23.67 and a two-hundred day moving average price of $23.51.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st will be given a dividend of $0.177 per share. The ex-dividend date is Wednesday, January 21st. This represents a c) annualized dividend and a dividend yield of 9.0%.

First Trust BuyWrite Income ETF 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.