MJP Associates Inc. ADV Acquires 82,436 Shares of First Trust BuyWrite Income ETF $FTHI

MJP Associates Inc. ADV lifted its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 22.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 457,777 shares of the company’s stock after acquiring an additional 82,436 shares during the period. First Trust BuyWrite Income ETF accounts for about 1.4% of MJP Associates Inc. ADV’s portfolio, making the stock its 15th biggest holding. MJP Associates Inc. ADV’s holdings in First Trust BuyWrite Income ETF were worth $10,813,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 9.1% in the third quarter. Envestnet Asset Management Inc. now owns 3,248,815 shares of the company’s stock worth $77,029,000 after acquiring an additional 270,466 shares during the period. D.A. Davidson & CO. boosted its stake in shares of First Trust BuyWrite Income ETF by 6.9% in the fourth quarter. D.A. Davidson & CO. now owns 2,804,828 shares of the company’s stock worth $66,250,000 after acquiring an additional 180,961 shares during the period. Ergawealth Advisors Inc. boosted its stake in shares of First Trust BuyWrite Income ETF by 87.2% in the fourth quarter. Ergawealth Advisors Inc. now owns 2,097,358 shares of the company’s stock worth $49,540,000 after acquiring an additional 976,948 shares during the period. CWM LLC boosted its stake in First Trust BuyWrite Income ETF by 24.2% during the fourth quarter. CWM LLC now owns 658,785 shares of the company’s stock valued at $15,560,000 after buying an additional 128,379 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in First Trust BuyWrite Income ETF by 4,757.2% during the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock valued at $12,530,000 after buying an additional 517,536 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Up 0.5%

Shares of First Trust BuyWrite Income ETF stock opened at $23.93 on Thursday. The stock has a 50 day moving average of $23.42 and a 200 day moving average of $23.61. First Trust BuyWrite Income ETF has a 12 month low of $21.67 and a 12 month high of $24.18. The firm has a market cap of $2.16 billion, a PE ratio of 25.34 and a beta of 0.63.

First Trust BuyWrite Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a dividend of $0.172 per share. 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.