Fifth Third Securities Inc. Grows Stock Position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Fifth Third Securities Inc. grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 113.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 442,506 shares of the company’s stock after buying an additional 235,437 shares during the quarter. Fifth Third Securities Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $9,213,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at approximately $50,000. Atria Investments Inc acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter valued at approximately $233,000. Cedrus LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter valued at approximately $299,000. Sterling Manor Financial LLC raised its position in shares of First Trust NASDAQ BuyWrite Income ETF by 21.0% during the 3rd quarter. Sterling Manor Financial LLC now owns 14,861 shares of the company’s stock valued at $304,000 after acquiring an additional 2,583 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter valued at approximately $324,000.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.6 %

FTQI stock opened at $21.12 on Friday. The firm has a market cap of $572.35 million, a P/E ratio of 29.15 and a beta of 0.52. First Trust NASDAQ BuyWrite Income ETF has a 12-month low of $18.23 and a 12-month high of $21.49. The stock’s 50 day simple moving average is $21.09 and its 200 day simple moving average is $20.59.

First Trust NASDAQ BuyWrite Income ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a dividend of $0.207 per share. This is a positive change from First Trust NASDAQ BuyWrite Income ETF’s previous dividend of $0.20. The ex-dividend date is Wednesday, January 22nd.

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.