Prospera Financial Services Inc Lowers Stock Holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Prospera Financial Services Inc lowered its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 48.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,800 shares of the company’s stock after selling 9,353 shares during the quarter. Prospera Financial Services Inc’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $201,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 26.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 2,612 shares of the company’s stock valued at $53,000 after purchasing an additional 539 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 2.4% in the second quarter. Marshall Wace LLP now owns 26,312 shares of the company’s stock valued at $537,000 after purchasing an additional 613 shares during the last quarter. Sterling Manor Financial LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 8.4% in the second quarter. Sterling Manor Financial LLC now owns 12,278 shares of the company’s stock valued at $251,000 after purchasing an additional 956 shares during the last quarter. CWM LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 5.3% in the third quarter. CWM LLC now owns 46,811 shares of the company’s stock valued at $959,000 after purchasing an additional 2,341 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 2.3% in the second quarter. Private Advisor Group LLC now owns 107,471 shares of the company’s stock valued at $2,195,000 after purchasing an additional 2,424 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Up 0.4 %

FTQI stock opened at $20.98 on Tuesday. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $18.23 and a 52-week high of $21.18. The stock has a market cap of $484.64 million, a price-to-earnings ratio of 29.15 and a beta of 0.52. The business has a fifty day moving average of $20.63 and a two-hundred day moving average of $20.37.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a $0.204 dividend. The ex-dividend date is Thursday, November 21st. This represents a $2.45 dividend on an annualized basis and a yield of 11.67%.

First Trust NASDAQ BuyWrite Income ETF Company Profile

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.