FT Vest U.S. Equity Buffer ETF – May $FMAY Stock: Sowell Financial Services LLC Trims Stake

Sowell Financial Services LLC trimmed its position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY – Free Report) by 90.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,103 shares of the company’s stock after selling 58,726 shares during the quarter. Sowell Financial Services LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $350,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – May by 747.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,209,970 shares of the company’s stock valued at $71,038,000 after purchasing an additional 1,067,194 shares during the period. BAM Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth about $9,964,000. Sacks & Associates LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth about $5,312,000. Camelot Portfolios LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at about $2,208,000. Finally, Integrity Financial Corp WA raised its position in shares of FT Vest U.S. Equity Buffer ETF – May by 129.9% in the 2nd quarter. Integrity Financial Corp WA now owns 68,222 shares of the company’s stock valued at $4,028,000 after buying an additional 38,544 shares in the last quarter.

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

Shares of FMAY opened at $56.99 on Wednesday. The firm has a 50 day simple moving average of $57.52 and a two-hundred day simple moving average of $55.69. The company has a market cap of $1.07 billion, a P/E ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a one year low of $51.65 and a one year high of $58.28.

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

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for FT Vest U.S. Equity Buffer ETF - May (BATS:FMAY)

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