Kestra Private Wealth Services LLC Has $943,000 Stake in First Trust BuyWrite Income ETF $FTHI

Kestra Private Wealth Services LLC lowered its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 42.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,072 shares of the company’s stock after selling 29,719 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust BuyWrite Income ETF were worth $943,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. RFG Advisory LLC lifted its position in shares of First Trust BuyWrite Income ETF by 57.3% during the 1st quarter. RFG Advisory LLC now owns 115,048 shares of the company’s stock valued at $2,640,000 after acquiring an additional 41,928 shares during the period. PMG Family Office LLC increased its position in shares of First Trust BuyWrite Income ETF by 83.0% in the first quarter. PMG Family Office LLC now owns 28,457 shares of the company’s stock worth $653,000 after purchasing an additional 12,909 shares during the period. Brookstone Capital Management increased its position in shares of First Trust BuyWrite Income ETF by 54.9% in the first quarter. Brookstone Capital Management now owns 80,702 shares of the company’s stock worth $1,852,000 after purchasing an additional 28,619 shares during the period. Balboa Wealth Partners raised its stake in First Trust BuyWrite Income ETF by 3.0% in the first quarter. Balboa Wealth Partners now owns 59,307 shares of the company’s stock valued at $1,361,000 after purchasing an additional 1,747 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its stake in First Trust BuyWrite Income ETF by 12.2% in the first quarter. Nations Financial Group Inc. IA ADV now owns 61,547 shares of the company’s stock valued at $1,413,000 after purchasing an additional 6,674 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.6%

Shares of First Trust BuyWrite Income ETF stock opened at $23.71 on Thursday. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a 12-month low of $22.37 and a 12-month high of $24.18. The firm’s 50-day moving average price is $23.76 and its two-hundred day moving average price is $23.64.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Thursday, June 25th.

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.