FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $55.66 and last traded at $55.57, with a volume of 289183 shares. The stock had previously closed at $55.62.

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

The firm has a market capitalization of $1.04 billion, a P/E ratio of 23.87 and a beta of 0.57. The business’s 50-day moving average is $54.19 and its 200 day moving average is $53.61.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – May

Large investors have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the first quarter worth about $52,000. Beacon Pointe Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the fourth quarter worth about $203,000. HBK Sorce Advisory LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the fourth quarter worth about $205,000. Stonebridge Financial Planning Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth about $207,000. Finally, Creative Planning acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth about $218,000.

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