FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 12-Month High – Should You Buy?
by Danessa Lincoln · The Markets DailyShares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $54.32 and last traded at $54.24, with a volume of 2362 shares. The stock had previously closed at $53.31.
FT Vest U.S. Equity Buffer ETF – May Stock Performance
The business’s 50 day simple moving average is $53.48 and its 200-day simple moving average is $53.07. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 23.87 and a beta of 0.57.
Institutional Trading of FT Vest U.S. Equity Buffer ETF – May
Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – May by 8.7% during the 2nd quarter. NewEdge Advisors LLC now owns 40,355 shares of the company’s stock worth $2,019,000 after acquiring an additional 3,242 shares during the period. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – May by 7.4% during the 2nd quarter. Raymond James Financial Inc. now owns 253,436 shares of the company’s stock worth $12,679,000 after buying an additional 17,361 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth approximately $1,147,000. Gallagher Fiduciary Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth approximately $577,000. Finally, MML Investors Services LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 31.1% in the second quarter. MML Investors Services LLC now owns 25,424 shares of the company’s stock valued at $1,272,000 after acquiring an additional 6,038 shares in the last quarter.
About FT Vest U.S. Equity Buffer ETF – May
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.