FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 52-Week High – Here’s What Happened

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) reached a new 52-week high on Monday . The company traded as high as $46.84 and last traded at $47.38, with a volume of 10043 shares. The stock had previously closed at $46.7799.

FT Vest U.S. Equity Buffer ETF – March Trading Up 1.3%

The firm’s 50-day simple moving average is $46.76 and its 200 day simple moving average is $45.87. The stock has a market cap of $944.78 million, a P/E ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March during the second quarter valued at $41,000. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – March during the 2nd quarter valued at about $53,000. Geneos Wealth Management Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after buying an additional 930 shares in the last quarter. Nova Wealth Management Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter worth approximately $173,000. Finally, Victory Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at approximately $201,000.

FT Vest U.S. Equity Buffer ETF – March Company Profile

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