Assetmark Inc. Purchases 43,385 Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Assetmark Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 190.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,148 shares of the company’s stock after purchasing an additional 43,385 shares during the quarter. Assetmark Inc.’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $3,077,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – May by 461.6% in the second quarter. Envestnet Asset Management Inc. now owns 295,613 shares of the company’s stock worth $13,199,000 after buying an additional 242,971 shares in the last quarter. WESPAC Advisors SoCal LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter valued at about $9,740,000. Cetera Investment Advisers raised its stake in FT Vest U.S. Equity Buffer ETF – May by 142.2% in the second quarter. Cetera Investment Advisers now owns 292,172 shares of the company’s stock valued at $13,045,000 after buying an additional 171,517 shares during the last quarter. Raymond James & Associates increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 359.6% during the second quarter. Raymond James & Associates now owns 134,380 shares of the company’s stock valued at $6,000,000 after acquiring an additional 105,141 shares in the last quarter. Finally, Clear Creek Financial Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the second quarter worth $4,541,000.

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

Shares of BATS:FMAY opened at $47.54 on Wednesday. The stock has a market capitalization of $614.71 million, a PE ratio of 24.26 and a beta of 0.52. The business has a 50-day moving average price of $46.38 and a 200-day moving average price of $45.14.

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.