SHP Wealth Management Invests $8.42 Million in First Trust BuyWrite Income ETF $FTHI

SHP Wealth Management bought a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 356,613 shares of the company’s stock, valued at approximately $8,423,000. First Trust BuyWrite Income ETF makes up approximately 0.7% of SHP Wealth Management’s holdings, making the stock its 22nd biggest holding.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth about $27,000. Aventura Private Wealth LLC bought a new stake in First Trust BuyWrite Income ETF during the 4th quarter worth about $51,000. Global Retirement Partners LLC increased its position in First Trust BuyWrite Income ETF by 15.4% in the 4th quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock valued at $89,000 after acquiring an additional 504 shares in the last quarter. Aptus Capital Advisors LLC increased its position in First Trust BuyWrite Income ETF by 21.4% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock valued at $128,000 after acquiring an additional 949 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in First Trust BuyWrite Income ETF in the 4th quarter worth approximately $131,000.

First Trust BuyWrite Income ETF Price Performance

FTHI stock opened at $23.98 on Friday. The business has a fifty day moving average of $23.75 and a 200-day moving average of $23.64. The company has a market cap of $2.16 billion, a P/E 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 Dividend Announcement

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