MGO One Seven LLC Trims Stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

MGO One Seven LLC reduced its position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 81.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,095 shares of the company’s stock after selling 45,598 shares during the period. MGO One Seven LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $479,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FOCUS Wealth Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – May by 0.7% in the 4th quarter. FOCUS Wealth Advisors LLC now owns 488,230 shares of the company’s stock worth $23,157,000 after purchasing an additional 3,572 shares during the period. Raymond James Financial Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – May in the 4th quarter worth about $12,819,000. LPL Financial LLC raised its position in FT Vest U.S. Equity Buffer ETF – May by 1.2% in the 4th quarter. LPL Financial LLC now owns 107,529 shares of the company’s stock worth $5,100,000 after purchasing an additional 1,306 shares during the period. Assetmark Inc. raised its position in FT Vest U.S. Equity Buffer ETF – May by 54.3% in the 4th quarter. Assetmark Inc. now owns 102,050 shares of the company’s stock worth $4,840,000 after purchasing an additional 35,902 shares during the period. Finally, Ignite Planners LLC raised its position in FT Vest U.S. Equity Buffer ETF – May by 157.1% in the 4th quarter. Ignite Planners LLC now owns 99,753 shares of the company’s stock worth $4,762,000 after purchasing an additional 60,961 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Price Performance

FT Vest U.S. Equity Buffer ETF – May stock opened at $45.45 on Monday. The firm has a market capitalization of $819.54 million, a P/E ratio of 23.87 and a beta of 0.56. The company’s 50-day moving average is $45.97 and its 200 day moving average is $47.07. FT Vest U.S. Equity Buffer ETF – May has a 1-year low of $42.24 and a 1-year high of $48.89.

FT Vest U.S. Equity Buffer ETF – May Profile

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.