FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Sets New 12-Month High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $57.87 and last traded at $57.83, with a volume of 4863 shares. The stock had previously closed at $57.82.

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

The firm has a market capitalization of $1.08 billion, a PE ratio of 23.87 and a beta of 0.57. The company’s fifty day simple moving average is $57.00 and its 200 day simple moving average is $55.69.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Integrity Alliance LLC. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at approximately $937,000. World Equity Group Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – May in the second quarter valued at $619,000. Concurrent Investment Advisors LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 88.4% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 44,649 shares of the company’s stock valued at $2,609,000 after buying an additional 20,946 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 88.8% during the second quarter. Integrated Wealth Concepts LLC now owns 29,094 shares of the company’s stock worth $1,712,000 after acquiring an additional 13,685 shares in the last quarter. Finally, Luken Investment Analytics LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $782,000.

About FT Vest U.S. Equity Buffer ETF – May

(Get Free Report)

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.

Further Reading

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