FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s share price hit a new 52-week high on Monday . The stock traded as high as $46.84 and last traded at $47.8280, with a volume of 10043 shares. The stock had previously closed at $46.7799.

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

The stock’s fifty day simple moving average is $47.52 and its 200-day simple moving average is $46.67. The stock has a market cap of $954.25 million, a P/E ratio of 23.86 and a beta of 0.59.

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

A number of large investors have recently added to or reduced their stakes in FMAR. Envestnet Asset Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – March by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 222,233 shares of the company’s stock valued at $9,965,000 after acquiring an additional 19,729 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 20.8% during the 2nd quarter. Osaic Holdings Inc. now owns 131,297 shares of the company’s stock worth $5,810,000 after purchasing an additional 22,626 shares in the last quarter. Faithward Advisors LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – March by 438.5% in the second quarter. Faithward Advisors LLC now owns 54,819 shares of the company’s stock worth $2,458,000 after purchasing an additional 44,640 shares during the period. FWG Investments LLC. increased its position in shares of FT Vest U.S. Equity Buffer ETF – March by 63.3% in the second quarter. FWG Investments LLC. now owns 31,734 shares of the company’s stock worth $1,423,000 after purchasing an additional 12,298 shares during the period. Finally, RFG Advisory LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at about $454,000.

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