FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAYGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $51.32 and last traded at $52.36, with a volume of 10978 shares traded. The stock had previously closed at $51.23.

FT Vest U.S. Equity Buffer ETF – May Stock Up 2.7%

The stock has a market capitalization of $986.55 million, a P/E ratio of 23.87 and a beta of 0.57. The stock’s 50 day moving average price is $52.14 and its 200-day moving average price is $50.33.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – May

Hedge funds have recently made changes to their positions in the stock. Allworth Financial LP boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 79.4% in the first quarter. Allworth Financial LP now owns 1,003 shares of the company’s stock valued at $45,000 after acquiring an additional 444 shares in the last quarter. NorthRock Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 1st quarter worth $65,000. Nova Wealth Management Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter worth $138,000. Financial Network Wealth Advisors LLC raised its stake in FT Vest U.S. Equity Buffer ETF – May by 48.4% in the first quarter. Financial Network Wealth Advisors LLC now owns 3,562 shares of the company’s stock valued at $164,000 after buying an additional 1,161 shares during the last quarter. Finally, United Advisor Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter worth approximately $205,000.

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

(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.

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