StoneX Group Inc. Cuts Stock Position in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

StoneX Group Inc. reduced its holdings in shares of First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 15.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,737 shares of the company’s stock after selling 3,723 shares during the period. StoneX Group Inc.’s holdings in First Trust BuyWrite Income ETF were worth $483,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the fourth quarter worth $56,099,000. LPL Financial LLC grew its stake in First Trust BuyWrite Income ETF by 16.2% during the 4th quarter. LPL Financial LLC now owns 5,525,369 shares of the company’s stock worth $128,575,000 after purchasing an additional 771,816 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in First Trust BuyWrite Income ETF by 138,919.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock worth $4,192,000 after purchasing an additional 181,985 shares during the period. Stifel Financial Corp raised its position in First Trust BuyWrite Income ETF by 38.4% in the 3rd quarter. Stifel Financial Corp now owns 645,420 shares of the company’s stock valued at $14,858,000 after purchasing an additional 178,982 shares in the last quarter. Finally, Elevation Wealth Partners LLC boosted its stake in shares of First Trust BuyWrite Income ETF by 649.2% in the 4th quarter. Elevation Wealth Partners LLC now owns 173,382 shares of the company’s stock valued at $4,112,000 after buying an additional 150,240 shares during the period.

First Trust BuyWrite Income ETF Stock Performance

FTHI stock opened at $22.07 on Thursday. The company’s 50 day moving average price is $22.90 and its 200 day moving average price is $23.22. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 24.09 and a beta of 0.72. First Trust BuyWrite Income ETF has a fifty-two week low of $20.96 and a fifty-two week high of $24.09.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.174 dividend. The ex-dividend date was Thursday, March 27th.

First Trust BuyWrite Income ETF Company 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.