Geneos Wealth Management Inc. Raises Stock Position in First Trust BuyWrite Income ETF $FTHI

Geneos Wealth Management Inc. grew its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 38.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,703 shares of the company’s stock after acquiring an additional 28,135 shares during the period. Geneos Wealth Management Inc. owned about 0.11% of First Trust BuyWrite Income ETF worth $2,311,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in First Trust BuyWrite Income ETF in the 3rd quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new position in First Trust BuyWrite Income ETF during the first quarter worth $26,000. Aventura Private Wealth LLC purchased a new stake in First Trust BuyWrite Income ETF during the fourth quarter worth $51,000. Global Retirement Partners LLC grew its holdings in First Trust BuyWrite Income ETF by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 3,783 shares of the company’s stock valued at $89,000 after purchasing an additional 504 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its holdings in First Trust BuyWrite Income ETF by 21.4% in the third quarter. Aptus Capital Advisors LLC now owns 5,384 shares of the company’s stock valued at $128,000 after purchasing an additional 949 shares during the last quarter.

First Trust BuyWrite Income ETF Stock Down 0.2%

Shares of FTHI stock opened at $23.78 on Friday. The stock has a market cap of $2.36 billion, a P/E ratio of 25.34 and a beta of 0.62. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.18. The business has a fifty day simple moving average of $23.81 and a 200-day simple moving average of $23.66.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.172 dividend. The ex-dividend date of this dividend was Thursday, June 25th.

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.