JPMorgan Chase & Co. Increases Stock Holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

JPMorgan Chase & Co. raised its holdings in First Trust BuyWrite Income ETF (NASDAQ:FTHI) by 138,919.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 182,116 shares of the company’s stock after buying an additional 181,985 shares during the quarter. JPMorgan Chase & Co. owned about 0.43% of First Trust BuyWrite Income ETF worth $4,192,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the third quarter valued at about $403,000. Envestnet Asset Management Inc. increased its stake in First Trust BuyWrite Income ETF by 34.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 334,988 shares of the company’s stock valued at $7,527,000 after purchasing an additional 85,052 shares in the last quarter. Private Advisor Group LLC increased its stake in First Trust BuyWrite Income ETF by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 28,654 shares of the company’s stock valued at $660,000 after purchasing an additional 985 shares in the last quarter. Raymond James & Associates raised its holdings in shares of First Trust BuyWrite Income ETF by 3.1% in the third quarter. Raymond James & Associates now owns 518,793 shares of the company’s stock worth $11,943,000 after buying an additional 15,757 shares during the last quarter. Finally, Atria Investments Inc acquired a new stake in shares of First Trust BuyWrite Income ETF during the third quarter worth $256,000.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI opened at $23.54 on Friday. The company’s fifty day moving average price is $23.61 and its 200-day moving average price is $23.07. First Trust BuyWrite Income ETF has a 1-year low of $20.96 and a 1-year high of $24.09. The firm has a market capitalization of $1.12 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.172 per share. The ex-dividend date was Friday, December 13th.

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.