Sterling Manor Financial LLC raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Free Report) by 21.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,861 shares of the company’s stock after acquiring an additional 2,583 shares during the quarter. First Trust NASDAQ BuyWrite Income ETF makes up approximately 0.2% of Sterling Manor Financial LLC’s holdings, making the stock its 22nd biggest position. Sterling Manor Financial LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $304,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fifth Third Securities Inc. acquired a new position in First Trust NASDAQ BuyWrite Income ETF during the second quarter valued at approximately $3,814,000. TrueMark Investments LLC bought a new position in First Trust NASDAQ BuyWrite Income ETF during the second quarter worth about $3,353,000. Commonwealth Equity Services LLC increased its position in First Trust NASDAQ BuyWrite Income ETF by 951.3% during the second quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock worth $2,561,000 after buying an additional 113,467 shares during the last quarter. Ameritas Advisory Services LLC raised its stake in First Trust NASDAQ BuyWrite Income ETF by 102.9% in the 2nd quarter. Ameritas Advisory Services LLC now owns 218,058 shares of the company’s stock valued at $4,453,000 after acquiring an additional 110,613 shares during the period. Finally, Cetera Investment Advisers raised its stake in First Trust NASDAQ BuyWrite Income ETF by 357.6% in the 1st quarter. Cetera Investment Advisers now owns 98,956 shares of the company’s stock valued at $2,033,000 after acquiring an additional 77,330 shares during the period.
First Trust NASDAQ BuyWrite Income ETF Price Performance
FTQI stock traded up $0.09 during midday trading on Monday, reaching $20.59. 69,250 shares of the company were exchanged, compared to its average volume of 123,284. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.23 and a one year high of $20.93. The firm has a market capitalization of $473.57 million, a price-to-earnings ratio of 29.15 and a beta of 0.52. The business has a 50-day moving average price of $20.34 and a two-hundred day moving average price of $20.26.
First Trust NASDAQ BuyWrite Income ETF Increases Dividend
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.
Recommended Stories
- Five stocks we like better than First Trust NASDAQ BuyWrite Income ETF
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Inflation Risk Rising, Key Trades Investors Are Making Now
- How to Use the MarketBeat Dividend Calculator
- 3 Oil Stocks to Watch Before Earnings Come Out
- Investing In Preferred Stock vs. Common Stock
- Is American Express Stock’s Sell-the-News Reaction a Buying Opp?
Want to see what other hedge funds are holding FTQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Free Report).
Receive News & Ratings for First Trust NASDAQ BuyWrite Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ BuyWrite Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.