FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $55.59 and last traded at $55.59, with a volume of 994 shares. The stock had previously closed at $55.57.

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

The company has a fifty day moving average price of $54.12 and a 200 day moving average price of $53.57. The stock has a market cap of $1.04 billion, a P/E ratio of 23.87 and a beta of 0.57.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FMAY. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 1st quarter worth about $52,000. Beacon Pointe Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at approximately $203,000. HBK Sorce Advisory LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May during the fourth quarter valued at approximately $205,000. Stonebridge Financial Planning Group LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May during the third quarter valued at approximately $207,000. Finally, Creative Planning bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth $218,000.

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

(Get 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.

Recommended Stories

Receive News & Ratings for FT Vest U.S. Equity Buffer ETF - May Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Vest U.S. Equity Buffer ETF - May and related companies with MarketBeat.com's FREE daily email newsletter.