FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Shares Cross Above 50 Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s stock price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $53.68 and traded as high as $53.96. FT Vest U.S. Equity Buffer ETF – March shares last traded at $53.94, with a volume of 8,107 shares changing hands.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.6%

The business’s fifty day moving average is $53.68 and its 200 day moving average is $51.49. The firm has a market capitalization of $1.23 billion, a P/E ratio of 23.86 and a beta of 0.56.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the first quarter valued at $172,000. TopTier Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – March in the 3rd quarter worth about $203,000. Victory Financial Group LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – March in the 3rd quarter worth about $205,000. Arkadios Wealth Advisors purchased a new position in FT Vest U.S. Equity Buffer ETF – March in the 1st quarter worth about $202,000. Finally, Sigma Planning Corp acquired a new stake in FT Vest U.S. Equity Buffer ETF – March during the 1st quarter worth about $220,000.

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.