FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 1-Year High – Still a Buy?
by Amy Steele · The Cerbat GemShares of FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $43.5040 and last traded at $44.4210, with a volume of 14144 shares trading hands. The stock had previously closed at $43.44.
FT Vest U.S. Equity Buffer ETF – April Trading Up 2.4%
The company has a fifty day simple moving average of $44.16 and a 200-day simple moving average of $43.49. The company has a market capitalization of $865.04 million, a PE ratio of 24.36 and a beta of 0.60.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. SOA Wealth Advisors LLC. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 1.1% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 34,859 shares of the company’s stock worth $1,516,000 after purchasing an additional 391 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 4.7% in the third quarter. Concurrent Investment Advisors LLC now owns 10,313 shares of the company’s stock valued at $449,000 after acquiring an additional 459 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – April by 3.0% during the fourth quarter. CoreCap Advisors LLC now owns 16,400 shares of the company’s stock worth $728,000 after buying an additional 485 shares in the last quarter. Arbor Capital Management Inc. ADV raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 9.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 7,069 shares of the company’s stock valued at $308,000 after purchasing an additional 584 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – April by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after buying an additional 600 shares during the last quarter.
About FT Vest U.S. Equity Buffer ETF – April
The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.