Cedrus LLC Makes New Investment in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI)

Cedrus LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 14,622 shares of the company’s stock, valued at approximately $299,000. Cedrus LLC owned approximately 0.06% of First Trust NASDAQ BuyWrite Income ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 26.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 2,612 shares of the company’s stock valued at $53,000 after acquiring an additional 539 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in First Trust NASDAQ BuyWrite Income ETF during the 1st quarter valued at approximately $206,000. Concourse Financial Group Securities Inc. lifted its holdings in First Trust NASDAQ BuyWrite Income ETF by 17.6% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 10,659 shares of the company’s stock worth $219,000 after purchasing an additional 1,597 shares in the last quarter. Sterling Manor Financial LLC boosted its stake in First Trust NASDAQ BuyWrite Income ETF by 8.4% in the 2nd quarter. Sterling Manor Financial LLC now owns 12,278 shares of the company’s stock worth $251,000 after purchasing an additional 956 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in First Trust NASDAQ BuyWrite Income ETF during the 2nd quarter valued at approximately $280,000.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

FTQI stock opened at $20.81 on Monday. The company’s fifty day moving average price is $20.29 and its 200-day moving average price is $20.26. First Trust NASDAQ BuyWrite Income ETF has a one year low of $18.15 and a one year high of $20.93. The company has a market capitalization of $472.39 million, a PE ratio of 29.15 and a beta of 0.52.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.203 per share. The ex-dividend date was Thursday, September 26th.

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.