FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR) Share Price Passes Above 200 Day Moving Average – What’s Next?

FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $36.80 and traded as high as $38.45. FT Vest U.S. Equity Deep Buffer ETF – March shares last traded at $38.43, with a volume of 6,616 shares changing hands.

FT Vest U.S. Equity Deep Buffer ETF – March Stock Performance

The company has a 50-day simple moving average of $37.89 and a 200-day simple moving average of $36.84. The company has a market cap of $380.52 million, a price-to-earnings ratio of 22.69 and a beta of 0.35.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James & Associates raised its holdings in FT Vest U.S. Equity Deep Buffer ETF – March by 1,146.8% during the second quarter. Raymond James & Associates now owns 107,859 shares of the company’s stock worth $3,883,000 after purchasing an additional 99,208 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 14.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 26,930 shares of the company’s stock worth $969,000 after purchasing an additional 3,355 shares in the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – March during the 2nd quarter worth approximately $211,000. First Heartland Consultants Inc. acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – March during the 2nd quarter valued at $236,000. Finally, Harbour Investments Inc. increased its position in FT Vest U.S. Equity Deep Buffer ETF – March by 1.5% during the second quarter. Harbour Investments Inc. now owns 52,937 shares of the company’s stock worth $1,906,000 after buying an additional 789 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – March Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – March (DMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holding period. The actively-managed fund holds options and collateral. DMAR was launched on Mar 19, 2021 and is managed by First Trust.