FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high on Wednesday . The stock traded as high as $45.94 and last traded at $45.90, with a volume of 4515 shares. The stock had previously closed at $45.55.

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

The company has a market capitalization of $895.87 million, a PE ratio of 24.36 and a beta of 0.60. The stock has a 50 day moving average price of $44.97 and a two-hundred day moving average price of $44.46.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 16.7% during the 4th quarter. Assetmark Inc. now owns 289,348 shares of the company’s stock worth $12,853,000 after purchasing an additional 41,331 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 895.8% during the 2nd quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock worth $12,111,000 after buying an additional 258,238 shares during the period. Cetera Investment Advisers grew its stake in FT Vest U.S. Equity Buffer ETF – April by 70.5% in the 4th quarter. Cetera Investment Advisers now owns 285,828 shares of the company’s stock valued at $12,696,000 after buying an additional 118,147 shares during the last quarter. Raymond James Financial Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – April by 6.8% in the 2nd quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock valued at $10,889,000 after buying an additional 16,543 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – April by 6.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 162,524 shares of the company’s stock worth $7,070,000 after acquiring an additional 9,481 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.