WESPAC Advisors SoCal LLC Reduces Stock Position in FT Vest U.S. Equity Buffer ETF – May $FMAY

WESPAC Advisors SoCal LLC reduced its holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 56.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 70,624 shares of the company’s stock after selling 93,082 shares during the period. WESPAC Advisors SoCal LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $3,533,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Uptick Partners LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $225,000. Mutual Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $301,000. Harbour Investments Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 15.0% in the 2nd quarter. Harbour Investments Inc. now owns 22,985 shares of the company’s stock worth $1,150,000 after buying an additional 2,998 shares in the last quarter. RFG Advisory LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $463,000. Finally, MGO One Seven LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 44.6% in the 2nd quarter. MGO One Seven LLC now owns 13,993 shares of the company’s stock worth $700,000 after buying an additional 4,314 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – May Stock Up 2.3%

Shares of BATS:FMAY opened at $52.42 on Tuesday. FT Vest U.S. Equity Buffer ETF – May has a 52 week low of $42.24 and a 52 week high of $50.79. The stock has a market capitalization of $982.86 million, a P/E ratio of 23.87 and a beta of 0.57. The firm has a fifty day simple moving average of $51.78 and a two-hundred day simple moving average of $49.46.

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.