FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR) Stock Falls 0.2% – Here’s Why

FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR)’s share price traded down 0.2% during mid-day trading on Monday. The company traded as low as $45.67 and last traded at $45.71. 242,622 shares traded hands during trading, an increase of 927% from the average daily volume of 23,629 shares. The stock had previously closed at $45.78.

FT Vest U.S. Equity Deep Buffer ETF – March Trading Down 0.2%

The company’s fifty day simple moving average is $45.37 and its 200 day simple moving average is $44.44. The firm has a market capitalization of $431.05 million, a P/E ratio of 24.29 and a beta of 0.38.

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

A number of institutional investors have recently bought and sold shares of the stock. Founders Financial Securities LLC boosted its position in FT Vest U.S. Equity Deep Buffer ETF – March by 18.7% during the 1st quarter. Founders Financial Securities LLC now owns 77,176 shares of the company’s stock valued at $3,336,000 after acquiring an additional 12,162 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 7.1% in the 1st quarter. Kestra Advisory Services LLC now owns 237,265 shares of the company’s stock worth $10,060,000 after acquiring an additional 15,778 shares in the last quarter. Schulz Wealth LTD. bought a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – March in the 2nd quarter worth approximately $600,000. 1ST Source Bank purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – March in the 1st quarter valued at approximately $1,008,000. Finally, Spectrum Asset Management Inc. NB CA lifted its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 5.7% in the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 248,216 shares of the company’s stock valued at $10,524,000 after purchasing an additional 13,453 shares during the period.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – March (DMAR) 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 SPY shares over a specific holding period. The actively-managed fund holds options and collateral. DMAR was launched on Mar 19, 2021 and is managed by First Trust.