First Trust NASDAQ BuyWrite Income ETF $FTQI Position Increased by RFG Advisory LLC

RFG Advisory LLC boosted its stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 62.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 121,423 shares of the company’s stock after purchasing an additional 46,696 shares during the quarter. RFG Advisory LLC owned approximately 0.31% of First Trust NASDAQ BuyWrite Income ETF worth $2,419,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in FTQI. NewEdge Advisors LLC increased its position in First Trust NASDAQ BuyWrite Income ETF by 37.6% in the first quarter. NewEdge Advisors LLC now owns 45,146 shares of the company’s stock worth $851,000 after buying an additional 12,332 shares during the period. First Trust Advisors LP acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter valued at $314,000. Ausdal Financial Partners Inc. bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth about $209,000. Bank of America Corp DE bought a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter worth about $178,000. Finally, IHT Wealth Management LLC grew its position in shares of First Trust NASDAQ BuyWrite Income ETF by 2.1% during the second quarter. IHT Wealth Management LLC now owns 61,866 shares of the company’s stock worth $1,210,000 after acquiring an additional 1,295 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.2%

Shares of NASDAQ:FTQI opened at $21.67 on Friday. The company has a market cap of $821.29 million, a PE ratio of 32.31 and a beta of 0.63. The company’s 50-day moving average price is $21.61 and its 200 day moving average price is $20.97. First Trust NASDAQ BuyWrite Income ETF has a fifty-two week low of $19.23 and a fifty-two week high of $22.23.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be paid a $0.199 dividend. The ex-dividend date is Thursday, June 25th.

About First Trust NASDAQ BuyWrite Income ETF

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.