FT Vest U.S. Equity Quarterly Max Buffer ETF (BATS:SQMX – Get Free Report) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 15,546 shares, a decrease of 57.9% from the May 14th total of 36,932 shares. Currently, 12.4% of the company’s stock are short sold. Based on an average trading volume of 4,099 shares, the days-to-cover ratio is currently 3.8 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID boosted its stake in FT Vest U.S. Equity Quarterly Max Buffer ETF by 13.8% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 6,133 shares of the company’s stock worth $205,000 after acquiring an additional 743 shares in the last quarter. Hollencrest Capital Management bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the first quarter worth $46,000. Osaic Holdings Inc. bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the second quarter worth $79,000. Kestra Advisory Services LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the fourth quarter worth $155,000. Finally, Cresset Asset Management LLC bought a new position in FT Vest U.S. Equity Quarterly Max Buffer ETF during the second quarter worth $200,000.
FT Vest U.S. Equity Quarterly Max Buffer ETF Price Performance
Shares of BATS SQMX opened at $34.10 on Friday. FT Vest U.S. Equity Quarterly Max Buffer ETF has a 12-month low of $31.47 and a 12-month high of $34.26. The company’s fifty day simple moving average is $33.88 and its 200 day simple moving average is $33.54.
About FT Vest U.S. Equity Quarterly Max Buffer ETF
The FT Vest U.S. Equity Quarterly Max Buffer ETF (SQMX) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to deliver returns that match the SPDR S&P 500 ETF Trust price performance up to a set upside cap, while providing a dynamic buffer of 5% or 7.5% against losses over a three-month period. The fund employs FLEX options to implement this strategy and resets its cap and buffer each quarter. SQMX was launched on Dec 20, 2024 and is issued by First Trust.
Recommended Stories
- Five stocks we like better than FT Vest U.S. Equity Quarterly Max Buffer ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for FT Vest U.S. Equity Quarterly Max Buffer ETF 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 Quarterly Max Buffer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-MRVLX.png){kind=small}