FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.10 and last traded at $54.0360, with a volume of 164 shares trading hands. The stock had previously closed at $54.06.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.2%

The company has a market capitalization of $1.01 billion, a P/E ratio of 23.87 and a beta of 0.57. The company has a 50 day moving average price of $53.67 and a 200 day moving average price of $52.69.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – May

Several institutional investors and hedge funds have recently modified their holdings of FMAY. Foundations Investment Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at about $305,000. Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – May by 30.8% during the second quarter. Assetmark Inc. now owns 184,560 shares of the company’s stock worth $9,234,000 after acquiring an additional 43,491 shares during the last quarter. United Advisor Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth approximately $205,000. Osaic Holdings Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 93.6% during the second quarter. Osaic Holdings Inc. now owns 170,819 shares of the company’s stock worth $8,443,000 after acquiring an additional 82,573 shares during the period. Finally, REAP Financial Group LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – May by 12.7% in the third quarter. REAP Financial Group LLC now owns 178,324 shares of the company’s stock valued at $9,317,000 after purchasing an additional 20,103 shares during the last quarter.

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.