FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 52-Week High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) reached a new 52-week high during trading on Monday . The stock traded as high as $55.48 and last traded at $55.44, with a volume of 8195 shares. The stock had previously closed at $55.44.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.0%

The company has a market cap of $1.04 billion, a PE ratio of 23.87 and a beta of 0.57. The company’s 50 day moving average is $53.86 and its 200 day moving average is $53.39.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the 1st quarter worth about $52,000. Kestra Advisory Services LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 2.2% in the 1st quarter. Kestra Advisory Services LLC now owns 117,813 shares of the company’s stock worth $6,221,000 after buying an additional 2,521 shares during the period. Integrated Advisors Network LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 0.5% in the 1st quarter. Integrated Advisors Network LLC now owns 41,644 shares of the company’s stock worth $2,199,000 after buying an additional 197 shares during the period. Janney Montgomery Scott LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock worth $1,216,000 after buying an additional 184 shares during the period. Finally, RFG Advisory LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 10.7% in the 1st quarter. RFG Advisory LLC now owns 14,378 shares of the company’s stock worth $759,000 after buying an additional 1,390 shares during the period.

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.