FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 1-Year High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $44.87 and last traded at $44.87, with a volume of 8615 shares traded. The stock had previously closed at $44.74.

FT Vest U.S. Equity Buffer ETF – April Stock Performance

The business has a fifty day moving average of $44.62 and a two-hundred day moving average of $43.96. The firm has a market capitalization of $867.66 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April

Several institutional investors and hedge funds have recently modified their holdings of the business. MML Investors Services LLC grew its stake in FT Vest U.S. Equity Buffer ETF – April by 895.8% during the second quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock worth $12,111,000 after buying an additional 258,238 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 70.5% during the 4th quarter. Cetera Investment Advisers now owns 285,828 shares of the company’s stock worth $12,696,000 after acquiring an additional 118,147 shares during the period. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 16.7% during the 4th quarter. Assetmark Inc. now owns 289,348 shares of the company’s stock worth $12,853,000 after acquiring an additional 41,331 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – April by 29.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 153,043 shares of the company’s stock worth $6,457,000 after acquiring an additional 34,443 shares in the last quarter. Finally, Truist Financial Corp increased its stake in FT Vest U.S. Equity Buffer ETF – April by 58.5% in the third quarter. Truist Financial Corp now owns 90,537 shares of the company’s stock valued at $3,939,000 after acquiring an additional 33,405 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – April

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.