FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s share price reached a new 52-week high on Wednesday . The company traded as high as $55.59 and last traded at $55.59, with a volume of 994 shares changing hands. The stock had previously closed at $55.57.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.0%

The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.87 and a beta of 0.57. The business’s 50 day simple moving average is $54.05 and its two-hundred day simple moving average is $53.52.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 0.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock valued at $1,216,000 after buying an additional 184 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock valued at $424,000 after buying an additional 190 shares in the last quarter. Integrated Advisors Network LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 0.5% during the 1st quarter. Integrated Advisors Network LLC now owns 41,644 shares of the company’s stock valued at $2,199,000 after buying an additional 197 shares in the last quarter. Beacon Financial Advisory LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 7,710 shares of the company’s stock valued at $412,000 after buying an additional 210 shares in the last quarter. Finally, Transcend Capital Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 1.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 16,827 shares of the company’s stock valued at $879,000 after buying an additional 225 shares in the last quarter.

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.