First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
44 hedge funds and large institutions have $22.8M invested in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3.55% more ownership
Funds ownership: 29.96% → 33.5% (+3.5%)
2% less funds holding
Funds holding: 45 → 44 (-1)
11% less capital invested
Capital invested by funds: $25.7M → $22.8M (-$2.96M)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$799K |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$348K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$208K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$159K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.04M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$942K |
| 3 |
WEPOG
Wealth Enhancement & Preservation of GA
Alpharetta,
Georgia
|
-$625K |
| 4 |
WA
Wealth Advisors
Rancho Santa Fe,
California
|
-$617K |
| 5 |
Jane Street
New York
|
-$601K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
51
TFG Advisers
Auburn Hills,
Michigan
| – | -$116K | -5,092 | Closed |
|
|
CWA
52
Capital Wealth Alliance
Scottsdale,
Arizona
| – | -$42K | -1,882 | Closed |
|
|
VCP
53
Verus Capital Partners
Scottsdale,
Arizona
| – | -$32K | -1,401 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +1 | New |
|
FTHI Hedge Fund Activity: Q1 2020 in Review
44 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) for Q1 2020, worth a combined $22.8M — down 11% from $25.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FTHI positions and 10 closed out — a net gain of 1 holder — while 8 added to existing stakes and 17 trimmed.
The largest buyer was Lucia Wealth Services, opening a new position worth an estimated $799K. The largest seller was Commonwealth Equity Services, cutting an estimated $1.04M.
- 44 institutional investors held First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF (FTHI) as of Q1 2020, down from 45 in Q4 2019.
- Funds reported $22.8M of First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF stock for Q1 2020, down 11% quarter-over-quarter.
- 11 funds opened new First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF positions in Q1 2020 and 10 closed out, a net change of +1 holder.
- The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF buyer in Q1 2020 was Lucia Wealth Services, an estimated $799K added.
- The largest First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF seller in Q1 2020 was Commonwealth Equity Services, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2020.