FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $43.5040 and last traded at $43.7640, with a volume of 14144 shares trading hands. The stock had previously closed at $43.44.

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

The company has a market cap of $850.24 million, a price-to-earnings ratio of 24.36 and a beta of 0.60. The firm’s 50 day simple moving average is $43.41 and its 200-day simple moving average is $42.23.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – April

Hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after buying an additional 600 shares during the period. Legacy Private Trust Co. purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the third quarter worth about $205,000. Diligent Investors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the second quarter worth about $211,000. TrueWealth Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the second quarter worth about $214,000. Finally, Consolidated Portfolio Review Corp purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the second quarter worth about $219,000.

FT Vest U.S. Equity Buffer ETF – April Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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 the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.