FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $44.91 and last traded at $44.86, with a volume of 642 shares changing hands. The stock had previously closed at $44.83.

FT Vest U.S. Equity Buffer ETF – April Trading Up 0.1%

The business’s 50-day simple moving average is $44.65 and its 200 day simple moving average is $44.05. The company has a market capitalization of $872.53 million, a P/E ratio of 24.36 and a beta of 0.60.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – April

A number of institutional investors have recently added to or reduced their stakes in FAPR. Assetmark Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – April by 16.7% during the 4th quarter. Assetmark Inc. now owns 289,348 shares of the company’s stock valued at $12,853,000 after purchasing an additional 41,331 shares in the last quarter. MML Investors Services LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 895.8% in the 2nd quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock worth $12,111,000 after buying an additional 258,238 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 70.5% in the 4th quarter. Cetera Investment Advisers now owns 285,828 shares of the company’s stock worth $12,696,000 after buying an additional 118,147 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 6.8% in the second quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock valued at $10,889,000 after buying an additional 16,543 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 162,524 shares of the company’s stock valued at $7,070,000 after buying an additional 9,481 shares during the period.

About FT Vest U.S. Equity Buffer ETF – April

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.