FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 52-Week High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $47.98 and last traded at $47.9440, with a volume of 34414 shares changing hands. The stock had previously closed at $47.83.

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

The firm has a market cap of $955.05 million, a price-to-earnings ratio of 23.86 and a beta of 0.59. The business has a fifty day moving average of $47.61 and a two-hundred day moving average of $46.77.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. OLD Mission Capital LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 204.4% during the 4th quarter. OLD Mission Capital LLC now owns 32,461 shares of the company’s stock worth $1,541,000 after buying an additional 21,796 shares during the last quarter. Cetera Investment Advisers grew its stake in FT Vest U.S. Equity Buffer ETF – March by 6.7% in the 4th quarter. Cetera Investment Advisers now owns 194,844 shares of the company’s stock valued at $9,248,000 after acquiring an additional 12,192 shares during the last quarter. StoneX Group Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 4.3% during the 4th quarter. StoneX Group Inc. now owns 42,373 shares of the company’s stock valued at $2,011,000 after acquiring an additional 1,743 shares in the last quarter. 1776 Wealth LLC raised its position in FT Vest U.S. Equity Buffer ETF – March by 0.8% during the fourth quarter. 1776 Wealth LLC now owns 27,720 shares of the company’s stock worth $1,316,000 after acquiring an additional 221 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 4.4% in the fourth quarter. LPL Financial LLC now owns 118,781 shares of the company’s stock valued at $5,638,000 after purchasing an additional 5,027 shares in the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.