Sowell Financial Services LLC Acquires 32,000 Shares of FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Sowell Financial Services LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 32,000 shares of the company’s stock, valued at approximately $1,405,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter worth about $221,000. Quad Cities Investment Group LLC acquired a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at about $235,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter valued at about $252,000. First Heartland Consultants Inc. bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter valued at about $343,000. Finally, CoreCap Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 4.0% in the second quarter. CoreCap Advisors LLC now owns 9,140 shares of the company’s stock valued at $393,000 after purchasing an additional 350 shares in the last quarter.

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

GMAY stock opened at $43.77 on Friday. The stock has a market capitalization of $353.66 million, a P/E ratio of 24.47 and a beta of 0.47. The business has a 50-day moving average of $43.99 and a 200-day moving average of $42.76. FT Vest U.S. Equity Moderate Buffer ETF – May has a fifty-two week low of $40.22 and a fifty-two week high of $44.99.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.