FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Stock Price Up 0.1% – Here’s Why

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shot up 0.1% during trading on Wednesday . The stock traded as high as $37.83 and last traded at $37.79. Approximately 3,370 shares changed hands during trading, a decline of 83% from the average daily volume of 20,155 shares. The stock had previously closed at $37.74.

FT Vest Nasdaq-100 Buffer ETF – March Price Performance

The firm has a market cap of $550.57 million, a P/E ratio of 35.47 and a beta of 0.71. The stock’s 50-day simple moving average is $37.29 and its two-hundred day simple moving average is $36.01.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

Hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – March in the 1st quarter worth about $378,000. Sunbelt Securities Inc. boosted its position in shares of FT Vest Nasdaq-100 Buffer ETF – March by 183.8% during 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. Advisory Services Network LLC grew its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 1.9% during 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 last quarter. Finally, 1776 Wealth LLC grew its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 3.7% during the fourth quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock valued at $1,357,000 after buying an additional 1,461 shares during the last quarter.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

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.