First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Shares Sold by Jane Street Group LLC

Jane Street Group LLC trimmed its holdings in First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) by 83.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,187 shares of the company’s stock after selling 84,189 shares during the quarter. Jane Street Group LLC’s holdings in First Trust NASDAQ BuyWrite Income ETF were worth $332,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its position in First Trust NASDAQ BuyWrite Income ETF by 8.9% in the third quarter. Integrated Wealth Concepts LLC now owns 647,285 shares of the company’s stock valued at $13,256,000 after buying an additional 52,767 shares during the last quarter. Ameritas Advisory Services LLC boosted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 16.6% during the third quarter. Ameritas Advisory Services LLC now owns 254,319 shares of the company’s stock worth $5,208,000 after buying an additional 36,261 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 951.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 125,394 shares of the company’s stock valued at $2,561,000 after buying an additional 113,467 shares during the period. Cetera Investment Advisers lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 21.1% during the 2nd quarter. Cetera Investment Advisers now owns 119,880 shares of the company’s stock worth $2,448,000 after acquiring an additional 20,924 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 2.3% during the 2nd quarter. Private Advisor Group LLC now owns 107,471 shares of the company’s stock worth $2,195,000 after acquiring an additional 2,424 shares in the last quarter.

First Trust NASDAQ BuyWrite Income ETF Price Performance

NASDAQ FTQI opened at $20.96 on Friday. The company has a market cap of $549.15 million, a P/E ratio of 29.15 and a beta of 0.52. The stock has a 50-day moving average of $21.04 and a two-hundred day moving average of $20.55. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $18.23 and a 1-year high of $21.49.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.204 dividend. This represents a $2.45 dividend on an annualized basis and a dividend yield of 11.68%. The ex-dividend date of this dividend was Friday, December 13th.

First Trust NASDAQ BuyWrite Income ETF Company 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.