Arwa LLC Makes New Investment in First Trust BuyWrite Income ETF $FTHI

Arwa LLC purchased a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 39,744 shares of the company’s stock, valued at approximately $939,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter valued at about $27,000. Aventura Private Wealth LLC acquired a new stake in First Trust BuyWrite Income ETF in the 4th quarter valued at about $51,000. Global Retirement Partners LLC grew its holdings in First Trust BuyWrite Income ETF by 15.4% during the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock worth $89,000 after purchasing an additional 504 shares during the period. Aptus Capital Advisors LLC grew its holdings in First Trust BuyWrite Income ETF by 21.4% during the third quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock worth $128,000 after purchasing an additional 949 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in First Trust BuyWrite Income ETF during the fourth quarter worth approximately $131,000.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ FTHI opened at $23.98 on Friday. The business’s 50 day moving average price is $23.75 and its two-hundred day moving average price is $23.64. The company has a market cap of $2.16 billion, a PE ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a twelve month low of $22.35 and a twelve month high of $24.18.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.172 per share. The ex-dividend date was Thursday, May 21st.

First Trust BuyWrite Income ETF Company 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.