FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 12-Month High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $51.32 and last traded at $53.4210, with a volume of 10978 shares. The stock had previously closed at $51.23.

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

The company has a market cap of $1.00 billion, a PE ratio of 23.87 and a beta of 0.57. The company has a fifty day moving average of $53.10 and a two-hundred day moving average of $52.09.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – May

Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 785.5% during the second quarter. Envestnet Asset Management Inc. now owns 530,507 shares of the company’s stock worth $26,541,000 after purchasing an additional 470,596 shares during the last quarter. FOCUS Wealth Advisors LLC grew its stake in FT Vest U.S. Equity Buffer ETF – May by 2.9% in the 4th quarter. FOCUS Wealth Advisors LLC now owns 496,565 shares of the company’s stock worth $26,541,000 after acquiring an additional 13,804 shares in the last quarter. Cetera Investment Advisers increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 267.4% during the second quarter. Cetera Investment Advisers now owns 378,358 shares of the company’s stock worth $18,929,000 after acquiring an additional 275,383 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 7.4% in the second quarter. Raymond James Financial Inc. now owns 253,436 shares of the company’s stock valued at $12,679,000 after purchasing an additional 17,361 shares during the period. Finally, Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 13.2% during the 3rd quarter. Assetmark Inc. now owns 208,902 shares of the company’s stock worth $10,914,000 after purchasing an additional 24,342 shares during the period.

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.