Brookstone Capital Management Has $836,000 Stake in FT Vest U.S. Equity Buffer ETF – May $FMAY

Brookstone Capital Management boosted its stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 117.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,700 shares of the company’s stock after purchasing an additional 9,017 shares during the period. Brookstone Capital Management owned about 0.09% of FT Vest U.S. Equity Buffer ETF – May worth $836,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transcend Capital Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the first quarter valued at $490,000. Arbor Capital Management Inc. ADV boosted its position in FT Vest U.S. Equity Buffer ETF – May by 17.8% during the first quarter. Arbor Capital Management Inc. ADV now owns 4,925 shares of the company’s stock valued at $228,000 after acquiring an additional 743 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – May by 12.5% during the first quarter. Envestnet Asset Management Inc. now owns 59,911 shares of the company’s stock valued at $2,767,000 after acquiring an additional 6,634 shares during the last quarter. Allworth Financial LP boosted its position in FT Vest U.S. Equity Buffer ETF – May by 79.4% during the first quarter. Allworth Financial LP now owns 1,003 shares of the company’s stock valued at $45,000 after acquiring an additional 444 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in FT Vest U.S. Equity Buffer ETF – May by 43.2% during the first quarter. Cetera Investment Advisers now owns 102,975 shares of the company’s stock valued at $4,755,000 after acquiring an additional 31,045 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – May Trading Up 2.7%

Shares of FMAY opened at $52.63 on Monday. The stock has a market capitalization of $986.79 million, a P/E ratio of 23.87 and a beta of 0.57. The firm’s fifty day simple moving average is $51.88 and its two-hundred day simple moving average is $49.72. FT Vest U.S. Equity Buffer ETF – May has a 12 month low of $42.24 and a 12 month high of $50.79.

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.