RFG Advisory LLC Purchases 21,180 Shares of First Trust BuyWrite Income ETF $FTHI

RFG Advisory LLC lifted its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 40.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,120 shares of the company’s stock after acquiring an additional 21,180 shares during the quarter. RFG Advisory LLC owned 0.09% of First Trust BuyWrite Income ETF worth $1,727,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FTHI. CoreCap Advisors LLC increased its stake in First Trust BuyWrite Income ETF by 71.4% in the 4th quarter. CoreCap Advisors LLC now owns 60,539 shares of the company’s stock worth $1,430,000 after buying an additional 25,225 shares during the period. Ergawealth Advisors Inc. increased its stake in First Trust BuyWrite Income ETF by 87.2% in the 4th quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after buying an additional 976,948 shares during the period. Chicago Partners Investment Group LLC purchased a new position in First Trust BuyWrite Income ETF in the 3rd quarter worth about $2,153,000. Concurrent Investment Advisors LLC increased its stake in First Trust BuyWrite Income ETF by 23.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 115,082 shares of the company’s stock worth $2,729,000 after buying an additional 21,719 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new position in First Trust BuyWrite Income ETF in the 3rd quarter worth about $1,129,000.

First Trust BuyWrite Income ETF Price Performance

FTHI stock opened at $23.72 on Friday. The company has a market capitalization of $2.14 billion, a PE ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a 12 month low of $21.67 and a 12 month high of $24.18. The firm’s 50-day moving average is $23.38 and its 200 day moving average is $23.60.

First Trust BuyWrite Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a $0.172 dividend. The ex-dividend date of this dividend was Tuesday, April 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.