FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 12-Month High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $46.84 and last traded at $47.2150, with a volume of 10043 shares. The stock had previously closed at $46.7799.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.9%

The stock has a market cap of $940.32 million, a P/E ratio of 23.86 and a beta of 0.59. The stock has a 50 day simple moving average of $46.72 and a 200 day simple moving average of $45.80.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – March by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 222,233 shares of the company’s stock valued at $9,965,000 after acquiring an additional 19,729 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – March by 4.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,599 shares of the company’s stock worth $657,000 after purchasing an additional 611 shares during the last quarter. ERn Financial LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 17.4% in the 2nd quarter. ERn Financial LLC now owns 7,717 shares of the company’s stock valued at $346,000 after purchasing an additional 1,143 shares in the last quarter. Truist Financial Corp increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 2,470.7% in the 2nd quarter. Truist Financial Corp now owns 1,242,612 shares of the company’s stock valued at $55,719,000 after purchasing an additional 1,194,274 shares during the last quarter. Finally, Castleview Partners LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 2.2% in the 2nd quarter. Castleview Partners LLC now owns 10,839 shares of the company’s stock valued at $486,000 after purchasing an additional 230 shares during the last quarter.

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

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.