FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) shares hit a new 52-week high on Thursday . The company traded as high as $46.74 and last traded at $46.74, with a volume of 4229 shares trading hands. The stock had previously closed at $46.58.

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

The business’s 50 day moving average is $45.45 and its two-hundred day moving average is $44.76. The firm has a market capitalization of $909.09 million, a PE ratio of 24.36 and a beta of 0.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Concurrent Investment Advisors LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 2.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 10,541 shares of the company’s stock valued at $468,000 after acquiring an additional 228 shares during the last quarter. Mariner LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 3.3% during the fourth quarter. Mariner LLC now owns 8,084 shares of the company’s stock valued at $359,000 after acquiring an additional 255 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 52.4% during the fourth quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock valued at $34,000 after acquiring an additional 262 shares during the last quarter. IFP Advisors Inc grew its position in FT Vest U.S. Equity Buffer ETF – April by 20.7% during the fourth quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock valued at $84,000 after acquiring an additional 324 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 5.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 7,257 shares of the company’s stock valued at $322,000 after acquiring an additional 373 shares during the last quarter.

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

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.