Sequent Planning LLC Reduces Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Sequent Planning LLC decreased its stake in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 56,867 shares of the company’s stock after selling 753 shares during the quarter. Sequent Planning LLC’s holdings in First Trust BuyWrite Income ETF were worth $1,323,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC grew its position in shares of First Trust BuyWrite Income ETF by 16.2% in the fourth quarter. LPL Financial LLC now owns 5,525,369 shares of the company’s stock valued at $128,575,000 after purchasing an additional 771,816 shares during the period. TAP Consulting LLC purchased a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $315,000. Thrivent Financial for Lutherans purchased a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $226,000. IMG Wealth Management Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF in the fourth quarter valued at $61,000. Finally, Harbour Investments Inc. grew its position in shares of First Trust BuyWrite Income ETF by 23.9% in the fourth quarter. Harbour Investments Inc. now owns 160,533 shares of the company’s stock valued at $3,736,000 after purchasing an additional 30,918 shares during the period.

First Trust BuyWrite Income ETF Stock Down 0.1 %

Shares of NASDAQ:FTHI opened at $22.17 on Monday. First Trust BuyWrite Income ETF has a 52 week low of $20.96 and a 52 week high of $24.09. The company has a market cap of $1.09 billion, a P/E ratio of 24.09 and a beta of 0.72. The business has a fifty day simple moving average of $23.10 and a 200-day simple moving average of $23.25.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.174 dividend. The ex-dividend date was Friday, February 21st.

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.