CoreCap Advisors LLC Makes New Investment in FT Vest U.S. Equity Quarterly Max Buffer ETF $SQMX

CoreCap Advisors LLC acquired a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 373,392 shares of the company’s stock, valued at approximately $12,774,000. CoreCap Advisors LLC owned 2.99% of FT Vest U.S. Equity Quarterly Max Buffer ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.1% in the first quarter. Cetera Investment Advisers now owns 242,410 shares of the company’s stock worth $8,071,000 after purchasing an additional 28,160 shares during the last quarter. Griffith & Werner Inc. purchased a new position in shares of FT Vest U.S. Equity Quarterly Max Buffer ETF in the first quarter worth $10,342,000. Integrated Wealth Concepts LLC bought a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 1st quarter valued at $355,000. Legacy Wealth Managment LLC ID raised its holdings in FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.8% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 6,133 shares of the company’s stock valued at $205,000 after buying an additional 743 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in FT Vest U.S. Equity Quarterly Max Buffer ETF during the 4th quarter valued at $594,000.

FT Vest U.S. Equity Quarterly Max Buffer ETF Price Performance

Shares of SQMX opened at $34.65 on Wednesday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a twelve month low of $32.06 and a twelve month high of $34.65. The firm has a fifty day simple moving average of $34.19 and a two-hundred day simple moving average of $33.81.

FT Vest U.S. Equity Quarterly Max Buffer ETF Profile

The FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to deliver returns that match the SPDR S&P 500 ETF Trust price performance up to a set upside cap, while providing a dynamic buffer of 5% or 7.5% against losses over a three-month period. The fund employs FLEX options to implement this strategy and resets its cap and buffer each quarter. SQMX was launched on Dec 20, 2024 and is issued by First Trust.