FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 52-Week High – What’s Next?
by Michael Walen · The Markets DailyShares of FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $46.92 and last traded at $46.92, with a volume of 10225 shares trading hands. The stock had previously closed at $46.67.
FT Vest U.S. Equity Buffer ETF – April Stock Up 0.4%
The stock’s 50 day moving average is $46.28 and its two-hundred day moving average is $45.26. The company has a market capitalization of $911.62 million, a PE ratio of 24.36 and a beta of 0.60.
Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April
A number of hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in FT Vest U.S. Equity Buffer ETF – April by 33.8% in the second quarter. NewEdge Advisors LLC now owns 39,666 shares of the company’s stock valued at $1,674,000 after purchasing an additional 10,011 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 40.9% during the second quarter. Main Street Financial Solutions LLC now owns 18,487 shares of the company’s stock valued at $780,000 after buying an additional 5,369 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 6.8% in the 2nd quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock valued at $10,889,000 after buying an additional 16,543 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter valued at about $655,000. Finally, Modern Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter worth approximately $397,000.
FT Vest U.S. Equity Buffer ETF – April Company Profile
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.
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