MBL Wealth LLC Invests $496,000 in FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

MBL Wealth LLC purchased a new position in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,000 shares of the company’s stock, valued at approximately $496,000. MBL Wealth LLC owned about 0.16% of FT Vest U.S. Equity Moderate Buffer ETF – May at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GMAY. Anfield Capital Management LLC grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 41.4% in the third quarter. Anfield Capital Management LLC now owns 2,943 shares of the company’s stock worth $119,000 after purchasing an additional 862 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth about $200,000. NewEdge Advisors LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth about $258,000. RFG Advisory LLC grew its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 8.2% in the third quarter. RFG Advisory LLC now owns 6,665 shares of the company’s stock worth $270,000 after purchasing an additional 504 shares during the last quarter. Finally, Silver Oak Securities Incorporated bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the fourth quarter worth about $304,000.

FT Vest U.S. Equity Moderate Buffer ETF – May Trading Up 1.1%

BATS GMAY opened at $41.87 on Thursday. The company’s 50-day moving average price is $41.40 and its 200-day moving average price is $41.07. The stock has a market cap of $338.31 million, a PE ratio of 24.47 and a beta of 0.47. FT Vest U.S. Equity Moderate Buffer ETF – May has a 12 month low of $33.73 and a 12 month high of $41.90.

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