FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $54.10 and last traded at $54.0360, with a volume of 164 shares trading hands. The stock had previously closed at $54.06.

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

The stock has a fifty day simple moving average of $53.67 and a 200-day simple moving average of $52.69. The stock has a market cap of $1.01 billion, a P/E ratio of 23.87 and a beta of 0.57.

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

Several institutional investors have recently bought and sold shares of FMAY. Beacon Pointe Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at approximately $203,000. United Advisor Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the second quarter valued at $205,000. HBK Sorce Advisory LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May in the 4th quarter valued at $205,000. Stonebridge Financial Planning Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter worth about $207,000. Finally, Arkadios Wealth Advisors bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter worth about $215,000.

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

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.