FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $57.81 and last traded at $57.70, with a volume of 736 shares. The stock had previously closed at $57.52.

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

The company has a market cap of $1.08 billion, a PE ratio of 23.87 and a beta of 0.57. The stock has a fifty day moving average price of $56.24 and a 200-day moving average price of $54.99.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – May

Several hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers increased its position in FT Vest U.S. Equity Buffer ETF – May by 26.8% in the 4th quarter. Cetera Investment Advisers now owns 253,019 shares of the company’s stock worth $13,524,000 after purchasing an additional 53,495 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 35.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock valued at $8,802,000 after buying an additional 42,895 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 15.9% during the 4th quarter. Assetmark Inc. now owns 242,038 shares of the company’s stock valued at $12,937,000 after buying an additional 33,136 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at approximately $1,147,000. Finally, Susquehanna International Group LLP bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 3rd quarter valued at approximately $1,016,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.