FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 1-Year High – Here’s Why

by · The Markets Daily

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR – Get Free Report) shares hit a new 52-week high during trading on Friday. The company traded as high as $53.83 and last traded at $53.8240, with a volume of 3435 shares changing hands. The stock had previously closed at $53.65.

FT Vest U.S. Equity Buffer ETF – March Stock Performance

The company’s fifty day simple moving average is $53.26 and its two-hundred day simple moving average is $51.89. The stock has a market capitalization of $1.07 billion, a P/E ratio of 23.86 and a beta of 0.59.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – March during the first quarter worth about $172,000. Arkadios Wealth Advisors bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the 1st quarter valued at about $202,000. Sigma Planning Corp bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the 1st quarter valued at about $220,000. Sunbelt Securities Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – March by 38.4% during the 1st quarter. Sunbelt Securities Inc. now owns 6,209 shares of the company’s stock worth $301,000 after purchasing an additional 1,723 shares in the last quarter. Finally, Gateway Wealth Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March during the 1st quarter worth approximately $346,000.

About FT Vest U.S. Equity Buffer ETF – March

(Get Free Report)

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.

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