Insight Wealth Strategies LLC Invests $306,000 in First Trust BuyWrite Income ETF (NASDAQ:FTHI)

Posted by Logan Wallace on Jan 7th, 2025

Insight Wealth Strategies LLC acquired a new stake in First Trust BuyWrite Income ETF (NASDAQ:FTHI – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,138 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new stake in First Trust BuyWrite Income ETF during the 3rd quarter valued at $50,000. GoalVest Advisory LLC bought a new stake in First Trust BuyWrite Income ETF during the third quarter valued at about $53,000. Wedbush Securities Inc. purchased a new position in First Trust BuyWrite Income ETF in the second quarter valued at about $218,000. Legacy Investment Solutions LLC bought a new position in First Trust BuyWrite Income ETF in the third quarter worth about $219,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of First Trust BuyWrite Income ETF during the second quarter valued at about $220,000.

First Trust BuyWrite Income ETF Stock Performance

NASDAQ:FTHI opened at $23.59 on Tuesday. The company’s 50-day simple moving average is $23.61 and its 200-day simple moving average is $23.03. First Trust BuyWrite Income ETF has a fifty-two week low of $20.96 and a fifty-two week high of $24.09. The stock has a market capitalization of $1.10 billion, a P/E 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 issued a $0.172 dividend. The ex-dividend date was Friday, December 13th.

About First Trust BuyWrite Income ETF

(Free Report)

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.