MML Investors Services LLC Cuts Stock Holdings in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)

MML Investors Services LLC lessened its holdings in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) by 6.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 41,490 shares of the company’s stock after selling 2,784 shares during the period. MML Investors Services LLC owned about 0.23% of FT Vest U.S. Equity Buffer ETF – March worth $1,795,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FMAR. Wells Fargo & Company MN purchased a new stake in FT Vest U.S. Equity Buffer ETF – March during the fourth quarter worth $36,000. JPMorgan Chase & Co. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the 3rd quarter worth $56,000. Global Trust Asset Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – March during the fourth quarter valued at about $63,000. Barclays PLC purchased a new position in FT Vest U.S. Equity Buffer ETF – March in the third quarter valued at about $73,000. Finally, Summit Investment Advisors Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – March by 11.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,360 shares of the company’s stock worth $102,000 after purchasing an additional 250 shares in the last quarter.

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

FMAR stock opened at $41.92 on Wednesday. FT Vest U.S. Equity Buffer ETF – March has a one year low of $38.13 and a one year high of $44.55. The firm has a market cap of $825.82 million, a price-to-earnings ratio of 23.86 and a beta of 0.59. The firm has a 50-day simple moving average of $41.89 and a two-hundred day simple moving average of $42.88.

FT Vest U.S. Equity Buffer ETF – March Profile

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.