Raymond James & Associates Decreases Stock Position in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)

Raymond James & Associates decreased its position in shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 429,609 shares of the company’s stock after selling 5,054 shares during the period. Raymond James & Associates’ holdings in FT Vest U.S. Equity Buffer ETF – March were worth $18,155,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FMAR. Gilliland Jeter Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – March during the second quarter valued at approximately $26,000. Geneos Wealth Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 52.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,354 shares of the company’s stock valued at $53,000 after acquiring an additional 465 shares during the last quarter. Hanlon Investment Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at $220,000. SeaCrest Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the 1st quarter worth $224,000. Finally, ERn Financial LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter worth about $258,000.

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

Shares of BATS FMAR opened at $42.51 on Friday. The firm’s 50-day simple moving average is $41.87 and its 200-day simple moving average is $40.60. The stock has a market cap of $756.62 million, a PE ratio of 23.89 and a beta of 0.49.

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

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.