First Trust BuyWrite Income ETF (NASDAQ:FTHI) Reaches New 12-Month High – What’s Next?

Posted by Adam Masters on Dec 6th, 2024

First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $23.92 and last traded at $23.87, with a volume of 8801 shares traded. The stock had previously closed at $23.85.

First Trust BuyWrite Income ETF Price Performance

The firm has a 50-day moving average of $23.38 and a 200-day moving average of $22.85. The stock has a market cap of $1.01 billion, a PE ratio of 18.59 and a beta of 0.72.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were given a dividend of $0.172 per share. The ex-dividend date of this dividend was Thursday, November 21st.

Institutional Trading of First Trust BuyWrite Income ETF

Institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new position in First Trust BuyWrite Income ETF during the third quarter valued at approximately $50,000. GoalVest Advisory LLC bought a new position in First Trust BuyWrite Income ETF during the third quarter valued at approximately $53,000. GPS Wealth Strategies Group LLC bought a new position in First Trust BuyWrite Income ETF during the second quarter valued at approximately $97,000. Valley Brook Capital Group Inc. bought a new position in First Trust BuyWrite Income ETF during the second quarter valued at approximately $215,000. Finally, Wedbush Securities Inc. bought a new position in First Trust BuyWrite Income ETF during the second quarter valued at approximately $218,000.

First Trust BuyWrite Income ETF Company Profile

(Get 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.