FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $44.80 and last traded at $44.68, with a volume of 23344 shares. The stock had previously closed at $44.77.

FT Vest U.S. Equity Buffer ETF – April Trading Down 0.2%

The business has a 50 day moving average of $44.54 and a two-hundred day moving average of $43.86. The firm has a market cap of $869.03 million, a P/E ratio of 24.36 and a beta of 0.60.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. MML Investors Services LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 895.8% during the second quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock worth $12,111,000 after acquiring an additional 258,238 shares during the period. Cetera Investment Advisers lifted its holdings in FT Vest U.S. Equity Buffer ETF – April by 70.5% during the 4th quarter. Cetera Investment Advisers now owns 285,828 shares of the company’s stock worth $12,696,000 after purchasing an additional 118,147 shares during the last quarter. Assetmark Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – April by 34.7% in the 2nd quarter. Assetmark Inc. now owns 216,720 shares of the company’s stock valued at $9,143,000 after buying an additional 55,885 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – April by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 153,043 shares of the company’s stock valued at $6,457,000 after buying an additional 34,443 shares in the last quarter. Finally, Truist Financial Corp increased its position in FT Vest U.S. Equity Buffer ETF – April by 58.5% during the 3rd quarter. Truist Financial Corp now owns 90,537 shares of the company’s stock worth $3,939,000 after buying an additional 33,405 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.