FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 12-Month High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s share price hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $57.88 and last traded at $57.9350, with a volume of 4380 shares. The stock had previously closed at $57.69.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.4%

The firm has a market cap of $1.09 billion, a P/E ratio of 23.87 and a beta of 0.57. The stock’s 50-day moving average is $57.24 and its 200-day moving average is $55.95.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FMAY. Envestnet Asset Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 747.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,209,970 shares of the company’s stock valued at $71,038,000 after acquiring an additional 1,067,194 shares in the last quarter. BAM Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the second quarter valued at $9,964,000. Rockefeller Capital Management L.P. lifted its position in 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 worth $8,802,000 after purchasing an additional 42,895 shares during the period. Camelot Portfolios LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth $2,208,000. Finally, Integrity Financial Corp WA increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 129.9% in the 2nd quarter. Integrity Financial Corp WA now owns 68,222 shares of the company’s stock valued at $4,028,000 after buying an additional 38,544 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.