Sowell Financial Services LLC Decreases Stock Position in FT Vest U.S. Equity Buffer ETF – May $FMAY

Sowell Financial Services LLC lessened its position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,738 shares of the company’s stock after selling 345 shares during the quarter. Sowell Financial Services LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $387,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. FOCUS Wealth Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 0.4% in the second quarter. FOCUS Wealth Advisors LLC now owns 479,491 shares of the company’s stock valued at $23,989,000 after acquiring an additional 1,922 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.6% in the first quarter. Commonwealth Equity Services LLC now owns 345,612 shares of the company’s stock valued at $15,960,000 after purchasing an additional 1,922 shares during the last quarter. Keystone Wealth Services LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 10.2% in the second quarter. Keystone Wealth Services LLC now owns 178,469 shares of the company’s stock valued at $8,929,000 after purchasing an additional 16,457 shares during the last quarter. Assetmark Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 38.2% in the first quarter. Assetmark Inc. now owns 141,069 shares of the company’s stock valued at $6,514,000 after purchasing an additional 39,019 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 43.2% in the first quarter. Cetera Investment Advisers now owns 102,975 shares of the company’s stock valued at $4,755,000 after purchasing an additional 31,045 shares during the last quarter.

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

BATS:FMAY opened at $51.92 on Friday. FT Vest U.S. Equity Buffer ETF – May has a one year low of $42.24 and a one year high of $50.79. The stock has a market cap of $973.58 million, a PE ratio of 23.87 and a beta of 0.57. The stock has a 50 day moving average price of $51.28 and a 200 day moving average price of $48.71.

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.