FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s stock price hit a new 52-week high on Monday . The company traded as high as $46.84 and last traded at $47.7650, with a volume of 10043 shares. The stock had previously closed at $46.7799.

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

The stock has a 50 day moving average of $47.31 and a two-hundred day moving average of $46.48. The stock has a market cap of $952.57 million, a PE ratio of 23.86 and a beta of 0.59.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – March

A number of hedge funds have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter valued at about $41,000. Darwin Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the second quarter worth $53,000. Geneos Wealth Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after acquiring an additional 930 shares in the last quarter. Victory Financial Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – March during the second quarter valued at $201,000. Finally, Sunbelt Securities Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – March by 47.8% in the third quarter. Sunbelt Securities Inc. now owns 4,486 shares of the company’s stock valued at $208,000 after purchasing an additional 1,450 shares in the last quarter.

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