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

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $56.75 and last traded at $56.75, with a volume of 3406 shares changing hands. The stock had previously closed at $56.35.

FT Vest U.S. Equity Buffer ETF – May Stock Performance

The stock has a market cap of $1.08 billion, a PE ratio of 23.87 and a beta of 0.57. The stock has a fifty day simple moving average of $56.11 and a two-hundred day simple moving average of $54.83.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – May

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 26.8% during the fourth quarter. Cetera Investment Advisers now owns 253,019 shares of the company’s stock worth $13,524,000 after acquiring an additional 53,495 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in FT Vest U.S. Equity Buffer ETF – May by 35.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock valued at $8,802,000 after purchasing an additional 42,895 shares during the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – May by 15.9% during the 4th quarter. Assetmark Inc. now owns 242,038 shares of the company’s stock valued at $12,937,000 after purchasing an additional 33,136 shares in the last quarter. Jane Street Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter valued at approximately $1,147,000. Finally, Susquehanna International Group LLP purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter worth approximately $1,016,000.

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.