FT Vest U.S. Equity Buffer ETF – May $FMAY Stock: FWG Investments LLC. Reduces Stake

FWG Investments LLC. reduced its stake in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 40.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,740 shares of the company’s stock after selling 28,140 shares during the quarter. FT Vest U.S. Equity Buffer ETF – May comprises approximately 1.1% of FWG Investments LLC.’s holdings, making the stock its 24th largest position. FWG Investments LLC. owned about 0.22% of FT Vest U.S. Equity Buffer ETF – May worth $2,395,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FMAY. Janney Montgomery Scott LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.8% in the first 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 in the last quarter. CoreCap Advisors LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% during the second quarter. CoreCap Advisors LLC now owns 13,948 shares of the company’s stock worth $784,000 after acquiring an additional 382 shares during the last quarter. Capital Analysts LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at $26,000. Triumph Capital Management grew its stake in FT Vest U.S. Equity Buffer ETF – May by 901.8% during the second quarter. Triumph Capital Management now owns 561 shares of the company’s stock valued at $32,000 after acquiring an additional 505 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the first quarter valued at $52,000.

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

Shares of BATS FMAY opened at $55.99 on Monday. The company has a market cap of $1.45 billion, a P/E ratio of 23.87 and a beta of 0.61. FT Vest U.S. Equity Buffer ETF – May has a 52-week low of $51.65 and a 52-week high of $58.28. The firm’s fifty day moving average is $57.47 and its two-hundred day moving average is $55.73.

FT Vest U.S. Equity Buffer ETF – May Profile

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.