FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Hits New 12-Month High – Here’s Why

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $37.23 and last traded at $37.19, with a volume of 7719 shares. The stock had previously closed at $37.05.

FT Vest Nasdaq-100 Buffer ETF – March Price Performance

The company’s 50-day moving average is $35.33 and its 200-day moving average is $33.80. The firm has a market capitalization of $539.26 million, a price-to-earnings ratio of 35.47 and a beta of 0.71.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of QMAR. Winnow Wealth LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – March in the third quarter valued at approximately $432,000. Parallel Advisors LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – March in the first quarter valued at approximately $378,000. Sunbelt Securities Inc. raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 183.8% in the third quarter. Sunbelt Securities Inc. now owns 12,990 shares of the company’s stock valued at $418,000 after buying an additional 8,413 shares during the period. 1776 Wealth LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 22.4% in the third quarter. 1776 Wealth LLC now owns 39,645 shares of the company’s stock valued at $1,276,000 after buying an additional 7,259 shares during the period. Finally, Advisory Services Network LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 1.9% in the fourth quarter. Advisory Services Network LLC now owns 34,430 shares of the company’s stock valued at $1,136,000 after buying an additional 633 shares during the period.

About FT Vest Nasdaq-100 Buffer ETF – March

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.