FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Stock Price Down 0.8% – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) fell 0.8% on Tuesday . The company traded as low as $55.50 and last traded at $55.56. 804,422 shares traded hands during mid-day trading, an increase of 1,712% from the average daily volume of 44,389 shares. The stock had previously closed at $56.03.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.1%

The company has a fifty day moving average of $55.65 and a 200-day moving average of $54.25. The stock has a market cap of $1.04 billion, a PE ratio of 23.87 and a beta of 0.57.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – May

Several hedge funds have recently made changes to their positions in FMAY. Fifth Third Bancorp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the first quarter valued at approximately $52,000. Beacon Pointe Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth approximately $203,000. HBK Sorce Advisory LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth approximately $205,000. Allen Capital Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 1st quarter worth approximately $207,000. Finally, Stonebridge Financial Planning Group LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the 3rd quarter valued at approximately $207,000.

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.