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

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $44.93 and last traded at $44.93, with a volume of 6867 shares traded. The stock had previously closed at $44.41.

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

The stock’s fifty day moving average price is $44.70 and its 200-day moving average price is $44.18. The firm has a market cap of $874.86 million, a PE ratio of 24.36 and a beta of 0.60.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Signal Advisors Wealth LLC increased its stake in FT Vest U.S. Equity Buffer ETF – April by 19.3% in the 4th quarter. Signal Advisors Wealth LLC now owns 81,862 shares of the company’s stock valued at $3,636,000 after purchasing an additional 13,257 shares in the last quarter. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – April by 14.4% during the third quarter. Assetmark Inc. now owns 248,017 shares of the company’s stock worth $10,790,000 after purchasing an additional 31,297 shares during the last quarter. Osaic Holdings Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – April by 8.4% during the second quarter. Osaic Holdings Inc. now owns 160,326 shares of the company’s stock worth $6,724,000 after purchasing an additional 12,363 shares in the last quarter. Truist Financial Corp grew its holdings in FT Vest U.S. Equity Buffer ETF – April by 58.5% in the third quarter. Truist Financial Corp now owns 90,537 shares of the company’s stock valued at $3,939,000 after purchasing an additional 33,405 shares during the last quarter. Finally, Foguth Wealth Management LLC. acquired a new stake in FT Vest U.S. Equity Buffer ETF – April in the fourth quarter valued at $923,000.

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.