FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Trading 0.6% Higher – What’s Next?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price rose 0.6% on Thursday . The stock traded as high as $46.71 and last traded at $46.67. Approximately 13,170 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 43,295 shares. The stock had previously closed at $46.39.

FT Vest U.S. Equity Buffer ETF – April Stock Up 0.6%

The stock has a market cap of $907.73 million, a price-to-earnings ratio of 24.36 and a beta of 0.60. The company has a 50 day simple moving average of $46.00 and a 200 day simple moving average of $45.07.

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

Several hedge funds and other institutional investors have recently made changes to their positions in FAPR. NewEdge Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – April by 33.8% in the 2nd quarter. NewEdge Advisors LLC now owns 39,666 shares of the company’s stock valued at $1,674,000 after purchasing an additional 10,011 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 40.9% during the second quarter. Main Street Financial Solutions LLC now owns 18,487 shares of the company’s stock worth $780,000 after buying an additional 5,369 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 6.8% during the second quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock worth $10,889,000 after buying an additional 16,543 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the second quarter worth $655,000. Finally, Modern Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the second quarter worth $397,000.

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.