First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 8.0% in the 4th quarter, HoldingsChannel reports. The firm owned 91,070 shares of the company’s stock after selling 7,893 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $1,896,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of FTQI. Global Retirement Partners LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at about $32,000. Kestra Investment Management LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at about $42,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at about $50,000. IMG Wealth Management Inc. acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF during the 4th quarter valued at about $103,000. Finally, Atria Wealth Solutions Inc. increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 7.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 14,999 shares of the company’s stock worth $312,000 after acquiring an additional 1,098 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Trading Up 0.5 %

NASDAQ:FTQI opened at $18.55 on Monday. The firm has a market capitalization of $563.92 million, a price-to-earnings ratio of 29.76 and a beta of 0.54. The firm’s fifty day simple moving average is $18.98 and its 200 day simple moving average is $20.28. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $16.25 and a twelve month high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 22nd will be issued a $0.188 dividend. The ex-dividend date is Tuesday, April 22nd.

About First Trust NASDAQ BuyWrite Income ETF

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.