FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 52-Week High – What’s Next?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s share price hit a new 52-week high during trading on Friday. The company traded as high as $54.03 and last traded at $54.0260, with a volume of 10445 shares changing hands. The stock had previously closed at $53.88.

FT Vest U.S. Equity Buffer ETF – March Stock Up 0.3%

The firm has a 50-day moving average price of $53.42 and a two-hundred day moving average price of $52.08. The firm has a market cap of $1.08 billion, a PE ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FMAR. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 96.2% during the first quarter. Cetera Investment Advisers now owns 382,322 shares of the company’s stock worth $18,539,000 after buying an additional 187,478 shares in the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – March by 6.7% during the 1st quarter. Assetmark Inc. now owns 289,680 shares of the company’s stock valued at $14,047,000 after acquiring an additional 18,242 shares in the last quarter. Kestra Advisory Services LLC grew its stake in FT Vest U.S. Equity Buffer ETF – March by 28.4% during the 1st quarter. Kestra Advisory Services LLC now owns 106,937 shares of the company’s stock valued at $5,185,000 after acquiring an additional 23,628 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in FT Vest U.S. Equity Buffer ETF – March by 350.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 104,788 shares of the company’s stock valued at $4,974,000 after acquiring an additional 81,515 shares during the last quarter. Finally, Schulz Wealth LTD. acquired a new stake in FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter valued at about $1,991,000.

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.