FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 52-Week High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $51.54 and last traded at $51.51, with a volume of 321 shares changing hands. The stock had previously closed at $51.21.

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

The business’s 50-day moving average price is $49.12 and its 200 day moving average price is $47.89. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59.

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

A number of institutional investors have recently added to or reduced their stakes in FMAR. Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Buffer ETF – March in the 4th quarter valued at about $39,000. Darwin Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the second quarter worth about $53,000. Geneos Wealth Management Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after acquiring an additional 930 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 14.7% in the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock worth $165,000 after acquiring an additional 446 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 47.8% in the third quarter. Sunbelt Securities Inc. now owns 4,486 shares of the company’s stock worth $208,000 after acquiring an additional 1,450 shares in the last quarter.

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

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.