FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $44.78 and last traded at $44.7450, with a volume of 3170 shares trading hands. The stock had previously closed at $44.67.

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

The firm’s 50 day moving average is $44.49 and its 200 day moving average is $43.81. The company has a market capitalization of $870.25 million, a PE ratio of 24.36 and a beta of 0.60.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April

Several hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Corp bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the fourth quarter worth about $27,000. Capital Investment Advisory Services LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – April by 52.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock worth $34,000 after buying an additional 262 shares during the period. Geneos Wealth Management Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – April by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after buying an additional 600 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the third quarter valued at approximately $42,000. Finally, IFP Advisors Inc increased its stake in shares of 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 buying an additional 324 shares during the period.

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

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.