FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 12-Month High – Here’s What Happened

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) reached a new 52-week high on Tuesday . The stock traded as high as $51.74 and last traded at $51.65, with a volume of 9638 shares traded. The stock had previously closed at $51.70.

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

The stock has a 50 day simple moving average of $49.41 and a two-hundred day simple moving average of $48.04. The company has a market cap of $1.03 billion, a PE ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of FMAR. Jane Street Group LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 896.5% in the first quarter. Jane Street Group LLC now owns 226,466 shares of the company’s stock valued at $9,557,000 after purchasing an additional 203,740 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March during the second quarter worth about $53,000. MML Investors Services LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 67.4% during the second quarter. MML Investors Services LLC now owns 75,029 shares of the company’s stock worth $3,364,000 after acquiring an additional 30,206 shares during the period. FSB Premier Wealth Management Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 6.0% during the second quarter. FSB Premier Wealth Management Inc. now owns 21,513 shares of the company’s stock worth $965,000 after acquiring an additional 1,213 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake 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 during the period.

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

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.