Atria Investments Inc Acquires Shares of 11,395 First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Atria Investments Inc bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) in the 3rd quarter, HoldingsChannel reports. The fund bought 11,395 shares of the company’s stock, valued at approximately $233,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FTQI. Fifth Third Securities Inc. bought a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the 2nd quarter worth $3,814,000. TrueMark Investments LLC bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter worth approximately $3,353,000. Commonwealth Equity Services LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF by 951.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock worth $2,561,000 after buying an additional 113,467 shares during the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 102.9% in the second quarter. Ameritas Advisory Services LLC now owns 218,058 shares of the company’s stock valued at $4,453,000 after acquiring an additional 110,613 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 357.6% in the first quarter. Cetera Investment Advisers now owns 98,956 shares of the company’s stock valued at $2,033,000 after acquiring an additional 77,330 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.6 %

Shares of First Trust NASDAQ BuyWrite Income ETF stock opened at $20.89 on Friday. The firm has a market capitalization of $482.56 million, a P/E ratio of 29.15 and a beta of 0.52. The business’s fifty day simple moving average is $20.61 and its 200 day simple moving average is $20.37. First Trust NASDAQ BuyWrite Income ETF has a 12 month low of $18.23 and a 12 month high of $21.18.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a $0.204 dividend. This represents a $2.45 dividend on an annualized basis and a dividend yield of 11.72%. The ex-dividend date is Thursday, November 21st.

First Trust NASDAQ BuyWrite Income ETF 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.