Precedent Wealth Partners LLC Takes Position in FT Vest U.S. Equity Deep Buffer ETF – May $DMAY

Precedent Wealth Partners LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – May (BATS:DMAY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 113,880 shares of the company’s stock, valued at approximately $4,875,000. FT Vest U.S. Equity Deep Buffer ETF – May accounts for 1.2% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 19th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in FT Vest U.S. Equity Deep Buffer ETF – May by 34.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 75,373 shares of the company’s stock worth $2,985,000 after purchasing an additional 19,457 shares during the period. Farther Finance Advisors LLC boosted its stake in FT Vest U.S. Equity Deep Buffer ETF – May by 3,804.8% in the 1st quarter. Farther Finance Advisors LLC now owns 28,466 shares of the company’s stock worth $1,130,000 after purchasing an additional 27,737 shares during the period. IFP Advisors Inc acquired a new position in FT Vest U.S. Equity Deep Buffer ETF – May in the 1st quarter worth $62,000. Santori & Peters Inc. boosted its stake in FT Vest U.S. Equity Deep Buffer ETF – May by 68.4% in the 2nd quarter. Santori & Peters Inc. now owns 14,713 shares of the company’s stock worth $630,000 after purchasing an additional 5,976 shares during the period. Finally, Nova Wealth Management Inc. boosted its stake in FT Vest U.S. Equity Deep Buffer ETF – May by 23.7% in the 2nd quarter. Nova Wealth Management Inc. now owns 12,061 shares of the company’s stock worth $516,000 after purchasing an additional 2,313 shares during the period.

FT Vest U.S. Equity Deep Buffer ETF – May Trading Up 0.7%

Shares of BATS DMAY opened at $44.39 on Friday. The firm has a market cap of $295.19 million, a PE ratio of 24.53 and a beta of 0.42. FT Vest U.S. Equity Deep Buffer ETF – May has a 1-year low of $36.27 and a 1-year high of $43.36. The company has a fifty day moving average price of $43.82 and a 200 day moving average price of $41.86.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – May (DMAY) 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. DMAY was launched on May 15, 2020 and is managed by First Trust.