Sowell Financial Services LLC Purchases 32,000 Shares of FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Sowell Financial Services LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 32,000 shares of the company’s stock, valued at approximately $1,405,000. Sowell Financial Services LLC owned approximately 0.40% of FT Vest U.S. Equity Moderate Buffer ETF – May as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in GMAY. Envestnet Asset Management Inc. grew its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 1,310.6% in the second quarter. Envestnet Asset Management Inc. now owns 514,026 shares of the company’s stock valued at $22,124,000 after acquiring an additional 477,587 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 15.0% during the 1st quarter. Kestra Advisory Services LLC now owns 201,100 shares of the company’s stock valued at $8,257,000 after purchasing an additional 26,214 shares in the last quarter. POM Investment Strategies LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at approximately $7,208,000. Milestone Asset Management LLC increased its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 4.7% during the 3rd quarter. Milestone Asset Management LLC now owns 156,493 shares of the company’s stock worth $6,873,000 after purchasing an additional 6,991 shares in the last quarter. Finally, BAM Wealth Management LLC bought a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter worth approximately $4,328,000.

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

Shares of GMAY stock opened at $43.92 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – May has a 52 week low of $40.22 and a 52 week high of $44.99. The company’s 50 day moving average price is $43.97 and its two-hundred day moving average price is $43.26. The company has a market capitalization of $354.87 million, a P/E ratio of 24.47 and a beta of 0.47.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.