FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high during trading on Thursday . The company traded as high as $47.93 and last traded at $47.93, with a volume of 2423 shares traded. The stock had previously closed at $47.70.

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

The company’s 50-day moving average is $47.14 and its two-hundred day moving average is $46.08. The firm has a market cap of $932.65 million, a P/E ratio of 24.36 and a beta of 0.60.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – April

A number of institutional investors and hedge funds have recently made changes to their positions in FAPR. CoreCap Advisors LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 1.5% during the 2nd quarter. CoreCap Advisors LLC now owns 16,708 shares of the company’s stock worth $781,000 after acquiring an additional 255 shares in the last quarter. Mariner LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 3.3% in the 4th quarter. Mariner LLC now owns 8,084 shares of the company’s stock valued at $359,000 after purchasing an additional 255 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 20.7% during the 4th quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock worth $84,000 after buying an additional 324 shares in the last quarter. Ameritas Advisory Services LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 5.4% during the 4th quarter. Ameritas Advisory Services LLC now owns 7,257 shares of the company’s stock worth $322,000 after buying an additional 373 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 20.0% during the 4th quarter. Global Retirement Partners LLC now owns 3,000 shares of the company’s stock worth $133,000 after buying an additional 500 shares during the last quarter.

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.