FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Reaches New 1-Year High – Time to Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $37.70 and last traded at $37.70, with a volume of 1108 shares changing hands. The stock had previously closed at $37.59.

FT Vest Nasdaq-100 Buffer ETF – March Stock Up 0.4%

The firm has a market capitalization of $546.79 million, a PE ratio of 35.47 and a beta of 0.71. The stock has a 50-day moving average price of $37.03 and a 200 day moving average price of $35.46.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC acquired a new position in FT Vest Nasdaq-100 Buffer ETF – March during the first quarter worth $378,000. Sunbelt Securities Inc. grew its position in shares of FT Vest Nasdaq-100 Buffer ETF – March by 2.3% in the first quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock valued at $447,000 after purchasing an additional 296 shares during the period. Advisory Services Network LLC increased its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 1.9% during the fourth quarter. Advisory Services Network LLC now owns 34,430 shares of the company’s stock worth $1,136,000 after purchasing an additional 633 shares in the last quarter. Finally, 1776 Wealth LLC increased its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 3.7% during the fourth quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock worth $1,357,000 after purchasing an additional 1,461 shares in the last quarter.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.