Quad Cities Investment Group LLC Makes New $610,000 Investment in FT Vest U.S. Small Cap Moderate Buffer ETF – May $SMAY

Quad Cities Investment Group LLC purchased a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 21,493 shares of the company’s stock, valued at approximately $610,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. grew its holdings in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 68.8% during the third quarter. Sunbelt Securities Inc. now owns 1,578 shares of the company’s stock worth $40,000 after buying an additional 643 shares during the last quarter. Arkadios Wealth Advisors acquired a new position in FT Vest U.S. Small Cap Moderate Buffer ETF – May in the 4th quarter valued at about $708,000. Advisory Services Network LLC raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% during the 4th quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock valued at $1,515,000 after acquiring an additional 1,165 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its stake in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the 1st quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock valued at $950,000 after acquiring an additional 11,393 shares during the last quarter.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Price Performance

BATS:SMAY opened at $28.55 on Thursday. The firm has a market cap of $117.05 million, a price-to-earnings ratio of 16.31 and a beta of 0.73. The firm’s fifty day moving average price is $28.09 and its 200 day moving average price is $27.16. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 1-year low of $24.14 and a 1-year high of $28.64.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.