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

FT Vest U.S. Equity Buffer ETF – March (BATS:FMARGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $52.65 and last traded at $52.65, with a volume of 301 shares trading hands. The stock had previously closed at $52.56.

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

The company has a market cap of $1.05 billion, a PE ratio of 23.86 and a beta of 0.59. The firm has a 50-day simple moving average of $52.08 and a two-hundred day simple moving average of $49.80.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – March

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FMAR. Fifth Third Bancorp acquired a new position in FT Vest U.S. Equity Buffer ETF – March in the 4th quarter valued at about $39,000. Darwin Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the 2nd quarter worth about $53,000. Geneos Wealth Management Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after purchasing an additional 930 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 14.7% during the 4th quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock worth $165,000 after purchasing an additional 446 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the first quarter worth about $172,000.

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

(Get Free Report)

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.

Further Reading

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