FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 1-Year High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $51.32 and last traded at $52.36, with a volume of 10978 shares trading hands. The stock had previously closed at $51.23.

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

The firm’s 50 day moving average is $52.14 and its 200-day moving average is $50.33. The stock has a market capitalization of $986.55 million, a price-to-earnings ratio of 23.87 and a beta of 0.57.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – May

A number of institutional investors have recently modified their holdings of FMAY. Allworth Financial LP raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 79.4% in the 1st quarter. Allworth Financial LP now owns 1,003 shares of the company’s stock worth $45,000 after purchasing an additional 444 shares during the period. NorthRock Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May during the 1st quarter worth approximately $65,000. Nova Wealth Management Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at $138,000. Financial Network Wealth Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 48.4% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 3,562 shares of the company’s stock worth $164,000 after acquiring an additional 1,161 shares in the last quarter. Finally, United Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth $205,000.

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