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

Kestra Private Wealth Services LLC cut its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 42.0% during the 1st quarter, HoldingsChannel.com reports. 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 and other institutional investors have also recently bought and sold shares of FTHI. AQR Capital Management LLC acquired a new position in First Trust BuyWrite Income ETF during the first quarter worth about $497,000. NewEdge Advisors LLC grew its holdings in shares of First Trust BuyWrite Income ETF by 31.9% during the 1st quarter. NewEdge Advisors LLC now owns 45,052 shares of the company’s stock valued at $985,000 after purchasing an additional 10,903 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of First Trust BuyWrite Income ETF during the 1st quarter valued at approximately $901,000. Jane Street Group LLC increased its position in First Trust BuyWrite Income ETF by 13.0% during the 1st quarter. Jane Street Group LLC now owns 84,413 shares of the company’s stock worth $1,845,000 after purchasing an additional 9,736 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in First Trust BuyWrite Income ETF during the 2nd quarter worth approximately $635,000.

First Trust BuyWrite Income ETF Price Performance

Shares of NASDAQ:FTHI opened at $23.71 on Thursday. First Trust BuyWrite Income ETF has a one year low of $22.37 and a one year high of $24.18. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 25.34 and a beta of 0.62. The firm has a 50 day simple moving average of $23.76 and a 200 day simple moving average of $23.64.

First Trust BuyWrite Income ETF Announces Dividend

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

First Trust BuyWrite Income ETF 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.