FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.44 and last traded at $52.44, with a volume of 1069 shares traded. The stock had previously closed at $52.30.

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

The firm has a market cap of $1.04 billion, a P/E ratio of 23.86 and a beta of 0.59. The company has a fifty day moving average price of $51.90 and a two-hundred day moving average price of $49.55.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 896.5% in the first quarter. Jane Street Group LLC now owns 226,466 shares of the company’s stock valued at $9,557,000 after buying an additional 203,740 shares during the period. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter worth $53,000. MML Investors Services LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – March by 67.4% in the 2nd quarter. MML Investors Services LLC now owns 75,029 shares of the company’s stock worth $3,364,000 after purchasing an additional 30,206 shares during the period. FSB Premier Wealth Management Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 6.0% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 21,513 shares of the company’s stock worth $965,000 after purchasing an additional 1,213 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock valued at $102,000 after purchasing an additional 930 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.