FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Sets New 52-Week High – Here’s Why

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $38.50 and last traded at $38.50, with a volume of 112 shares changing hands. The stock had previously closed at $38.38.

FT Vest Nasdaq-100 Buffer ETF – March Stock Performance

The company has a market cap of $558.25 million, a price-to-earnings ratio of 35.47 and a beta of 0.71. The business has a 50-day simple moving average of $37.67 and a 200-day simple moving average of $36.61.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC acquired a new position in FT Vest Nasdaq-100 Buffer ETF – March during the first quarter worth $378,000. Sunbelt Securities Inc. increased its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 2.3% during the 1st quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock valued at $447,000 after acquiring an additional 296 shares in the last quarter. Finally, 1776 Wealth LLC grew its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 3.7% during the 4th quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock valued at $1,357,000 after buying an additional 1,461 shares during the last quarter.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.