FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) reached a new 52-week high during trading on Thursday . The stock traded as high as $56.65 and last traded at $56.62, with a volume of 22899 shares traded. The stock had previously closed at $56.49.

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

The stock has a market capitalization of $1.05 billion, a PE ratio of 23.87 and a beta of 0.57. The stock has a 50-day moving average price of $55.99 and a two-hundred day moving average price of $54.60.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FMAY. Integrity Alliance LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – May in the 4th quarter worth $937,000. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 15.9% during the fourth quarter. Assetmark Inc. now owns 242,038 shares of the company’s stock valued at $12,937,000 after acquiring an additional 33,136 shares during the period. FOCUS Wealth Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 2.9% during the fourth quarter. FOCUS Wealth Advisors LLC now owns 496,565 shares of the company’s stock valued at $26,541,000 after acquiring an additional 13,804 shares during the period. Silver Oak Securities Incorporated purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at about $527,000. Finally, Rockefeller Capital Management L.P. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 35.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock valued at $8,802,000 after acquiring an additional 42,895 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.