FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Shares Down 0.8% – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) were down 0.8% during trading on Tuesday . The stock traded as low as $55.50 and last traded at $55.56. Approximately 804,422 shares traded hands during trading, an increase of 1,712% from the average session volume of 44,389 shares. The stock had previously closed at $56.03.

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

The stock’s fifty day moving average is $55.63 and its two-hundred day moving average is $54.24. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.87 and a beta of 0.57.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock valued at $1,216,000 after acquiring an additional 184 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock worth $424,000 after buying an additional 190 shares during the period. Integrated Advisors Network LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.5% during the first 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 grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% during the fourth 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, CoreCap Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – May by 2.0% during the fourth quarter. CoreCap Advisors LLC now owns 13,739 shares of the company’s stock valued at $734,000 after buying an additional 269 shares during the period.

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.