FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Shares Up 0.5% – Still a Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares shot up 0.5% during trading on Tuesday. The company traded as high as $38.39 and last traded at $38.38. 6,550 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 17,783 shares. The stock had previously closed at $38.20.

FT Vest Nasdaq-100 Buffer ETF – March Trading Down 0.3%

The company has a 50 day moving average of $38.16 and a 200 day moving average of $36.09. The firm has a market cap of $555.64 million, a price-to-earnings ratio of 35.47 and a beta of 0.71.

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

An institutional investor recently bought a new stake in FT Vest Nasdaq-100 Buffer ETF – March stock. Parallel Advisors LLC purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,250 shares of the company’s stock, valued at approximately $378,000. Parallel Advisors LLC owned approximately 0.08% of FT Vest Nasdaq-100 Buffer ETF – March as of its most recent filing with the Securities and Exchange Commission (SEC).

About FT Vest Nasdaq-100 Buffer ETF – March

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.