Stephens Inc. AR Sells 56,587 Shares of FT Vest U.S. Equity Buffer ETF – May $FMAY

Stephens Inc. AR reduced its position in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 40.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,701 shares of the company’s stock after selling 56,587 shares during the quarter. Stephens Inc. AR owned 0.45% of FT Vest U.S. Equity Buffer ETF – May worth $4,474,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Stonebridge Financial Planning Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the third quarter valued at about $207,000. Creative Planning bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the third quarter valued at about $218,000. Park Avenue Securities LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the third quarter valued at about $305,000. Foguth Wealth Management LLC. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at about $314,000. Finally, Concurrent Investment Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – May by 82.1% in the third quarter. Concurrent Investment Advisors LLC now owns 7,746 shares of the company’s stock valued at $405,000 after purchasing an additional 3,492 shares during the period.

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

Shares of FMAY opened at $55.62 on Monday. The firm has a market capitalization of $1.04 billion, a PE ratio of 23.87 and a beta of 0.57. The company’s 50-day moving average is $54.16 and its 200-day moving average is $53.59. FT Vest U.S. Equity Buffer ETF – May has a fifty-two week low of $47.70 and a fifty-two week high of $55.64.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.