MBL Wealth LLC Takes Position in FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

MBL Wealth LLC purchased a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) during the fourth quarter, Holdings Channel reports. The firm purchased 12,000 shares of the company’s stock, valued at approximately $496,000.

Other institutional investors have also modified their holdings of the company. Osaic Holdings Inc. boosted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 112.0% in the 2nd quarter. Osaic Holdings Inc. now owns 304,080 shares of the company’s stock valued at $11,905,000 after buying an additional 160,673 shares in the last quarter. Savvy Advisors Inc. boosted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 142.3% in the 4th quarter. Savvy Advisors Inc. now owns 34,498 shares of the company’s stock valued at $1,425,000 after buying an additional 20,258 shares in the last quarter. Evolution Wealth Management Inc. bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at about $200,000. NewEdge Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at about $258,000. Finally, Silver Oak Securities Incorporated bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the 4th quarter valued at about $304,000.

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

BATS:GMAY opened at $41.87 on Thursday. FT Vest U.S. Equity Moderate Buffer ETF – May has a fifty-two week low of $33.73 and a fifty-two week high of $41.90. The stock has a market capitalization of $338.31 million, a P/E ratio of 24.47 and a beta of 0.47. The company’s 50-day simple moving average is $41.40 and its 200-day simple moving average is $41.07.

FT Vest U.S. Equity Moderate Buffer ETF – May Company Profile

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.