FWG Investments LLC. Acquires New Position in FT Vest U.S. Equity Buffer ETF – May $FMAY

FWG Investments LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) in the second quarter, Holdings Channel reports. The institutional investor bought 32,896 shares of the company’s stock, valued at approximately $1,646,000. FT Vest U.S. Equity Buffer ETF – May makes up about 1.3% of FWG Investments LLC.’s holdings, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of FMAY. Allworth Financial LP raised its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 79.4% during the first quarter. Allworth Financial LP now owns 1,003 shares of the company’s stock worth $45,000 after acquiring an additional 444 shares in the last quarter. Truist Financial Corp grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 8.8% during the 2nd quarter. Truist Financial Corp now owns 12,623 shares of the company’s stock valued at $632,000 after purchasing an additional 1,019 shares during the last quarter. Financial Network Wealth Advisors LLC raised its position 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 purchasing an additional 1,161 shares during the period. NorthRock Partners LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May in the first quarter worth $65,000. Finally, Novem Group lifted its stake in FT Vest U.S. Equity Buffer ETF – May by 30.8% in the second quarter. Novem Group now owns 6,364 shares of the company’s stock worth $318,000 after purchasing an additional 1,500 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – May Trading Up 2.7%

Shares of BATS:FMAY opened at $52.60 on Friday. The stock’s 50-day moving average price is $52.01 and its 200-day moving average price is $49.91. FT Vest U.S. Equity Buffer ETF – May has a 12-month low of $42.24 and a 12-month high of $50.79. The stock has a market capitalization of $986.16 million, a P/E ratio of 23.87 and a beta of 0.57.

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.