Stephens Inc. AR Trims Stake in FT Vest U.S. Equity Buffer ETF – May $FMAY

Stephens Inc. AR reduced its stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 36.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,810 shares of the company’s stock after selling 30,891 shares during the quarter. Stephens Inc. AR owned approximately 0.28% of FT Vest U.S. Equity Buffer ETF – May worth $2,788,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Janney Montgomery Scott LLC increased its position in FT Vest U.S. Equity Buffer ETF – May by 0.8% in the first quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock worth $1,216,000 after buying an additional 184 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock worth $424,000 after buying an additional 190 shares during the period. Beacon Financial Advisory LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 7,710 shares of the company’s stock valued at $412,000 after buying an additional 210 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 2.0% during the 4th quarter. CoreCap Advisors LLC now owns 13,739 shares of the company’s stock valued at $734,000 after buying an additional 269 shares in the last quarter. Finally, Wood Tarver Financial Group LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 3.0% during the 4th quarter. Wood Tarver Financial Group LLC now owns 10,347 shares of the company’s stock valued at $553,000 after acquiring an additional 301 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.2%

FT Vest U.S. Equity Buffer ETF – May stock opened at $56.16 on Thursday. The firm has a 50 day moving average of $55.84 and a 200 day moving average of $54.46. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a 12-month low of $50.03 and a 12-month high of $56.57.

FT Vest U.S. Equity Buffer ETF – May Company Profile

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.