Assetmark Inc. Increases Stake in FT Vest U.S. Equity Buffer ETF – May $FMAY

Assetmark Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 30.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 184,560 shares of the company’s stock after buying an additional 43,491 shares during the quarter. Assetmark Inc. owned about 0.98% of FT Vest U.S. Equity Buffer ETF – May worth $9,234,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Allworth Financial LP lifted its position in FT Vest U.S. Equity Buffer ETF – May by 79.4% in the 1st quarter. Allworth Financial LP now owns 1,003 shares of the company’s stock worth $45,000 after buying an additional 444 shares during the last quarter. Truist Financial Corp raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 8.8% during the second quarter. Truist Financial Corp now owns 12,623 shares of the company’s stock valued at $632,000 after acquiring an additional 1,019 shares in the last quarter. Financial Network Wealth Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 48.4% in the first quarter. Financial Network Wealth Advisors LLC now owns 3,562 shares of the company’s stock worth $164,000 after purchasing an additional 1,161 shares in the last quarter. NorthRock Partners LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the first quarter worth $65,000. Finally, Novem Group increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 30.8% during the second quarter. Novem Group now owns 6,364 shares of the company’s stock valued at $318,000 after acquiring an additional 1,500 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – May Price Performance

Shares of BATS:FMAY opened at $52.62 on Friday. FT Vest U.S. Equity Buffer ETF – May has a 1-year low of $42.24 and a 1-year high of $50.79. The company has a market capitalization of $986.64 million, a PE ratio of 23.87 and a beta of 0.57. The business has a fifty day moving average price of $52.03 and a 200-day moving average price of $50.00.

About FT Vest U.S. Equity Buffer ETF – May

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.