FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Reaches New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.69 and last traded at $44.6150, with a volume of 12365 shares traded. The stock had previously closed at $44.6378.

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

The firm’s 50 day simple moving average is $44.33 and its two-hundred day simple moving average is $43.63. The firm has a market capitalization of $868.66 million, a P/E ratio of 24.36 and a beta of 0.60.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FAPR. First Horizon Corp bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – April during the 4th quarter valued at $27,000. Capital Investment Advisory Services LLC increased its position in FT Vest U.S. Equity Buffer ETF – April by 52.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock worth $34,000 after buying an additional 262 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after buying an additional 600 shares during the period. Bank of America Corp DE bought a new position in shares of FT Vest U.S. Equity Buffer ETF – April in the third quarter worth about $42,000. Finally, Camelot Portfolios LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 4th quarter valued at about $89,000.

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.