Concurrent Investment Advisors LLC Has $695,000 Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Concurrent Investment Advisors LLC lowered its position in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 1.8% in the fourth quarter, HoldingsChannel reports. The firm owned 29,881 shares of the company’s stock after selling 544 shares during the period. Concurrent Investment Advisors LLC’s holdings in First Trust BuyWrite Income ETF were worth $695,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its position in shares of First Trust BuyWrite Income ETF by 22.7% during the 3rd quarter. LPL Financial LLC now owns 4,753,553 shares of the company’s stock worth $109,427,000 after purchasing an additional 880,921 shares in the last quarter. Legacy CG LLC increased its position in shares of First Trust BuyWrite Income ETF by 0.5% during the 3rd quarter. Legacy CG LLC now owns 671,417 shares of the company’s stock worth $15,456,000 after purchasing an additional 3,220 shares in the last quarter. Stifel Financial Corp increased its position in shares of First Trust BuyWrite Income ETF by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock worth $14,858,000 after purchasing an additional 178,982 shares in the last quarter. Raymond James & Associates increased its position in shares of First Trust BuyWrite Income ETF by 3.1% during the 3rd quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock worth $11,943,000 after purchasing an additional 15,757 shares in the last quarter. Finally, Dunhill Financial LLC increased its position in shares of First Trust BuyWrite Income ETF by 12.5% during the 3rd quarter. Dunhill Financial LLC now owns 354,438 shares of the company’s stock worth $8,159,000 after purchasing an additional 39,394 shares in the last quarter.

First Trust BuyWrite Income ETF Stock Down 1.8 %

Shares of First Trust BuyWrite Income ETF stock opened at $23.24 on Monday. First Trust BuyWrite Income ETF has a 12-month low of $20.96 and a 12-month high of $24.09. The company has a 50-day simple moving average of $23.51 and a 200 day simple moving average of $23.27. The stock has a market capitalization of $1.15 billion, a P/E ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.174 per share. The ex-dividend date of this dividend is Friday, February 21st.

First Trust BuyWrite Income ETF Profile

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.