Perennial Investment Advisors LLC grew its position in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) by 93.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 75,631 shares of the company’s stock after purchasing an additional 36,550 shares during the period. Perennial Investment Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,760,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of First Trust BuyWrite Income ETF in the 4th quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at $50,000. Kestra Investment Management LLC acquired a new stake in First Trust BuyWrite Income ETF during the 4th quarter valued at $50,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $51,000. Finally, IMG Wealth Management Inc. acquired a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter worth $61,000.
First Trust BuyWrite Income ETF Trading Down 5.6 %
Shares of FTHI stock opened at $20.00 on Friday. The stock’s fifty day simple moving average is $22.78 and its 200-day simple moving average is $23.19. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 21.94 and a beta of 0.63. First Trust BuyWrite Income ETF has a 1-year low of $19.97 and a 1-year high of $24.09.
First Trust BuyWrite Income ETF Announces Dividend
About First Trust BuyWrite Income ETF
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.
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