FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.22 and last traded at $46.17, with a volume of 20949 shares traded. The stock had previously closed at $46.17.

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

The business has a 50-day moving average price of $45.07 and a 200-day moving average price of $44.54. The company has a market capitalization of $898.01 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 9.5% during the first quarter. Assetmark Inc. now owns 316,799 shares of the company’s stock worth $14,226,000 after purchasing an additional 27,451 shares during the period. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April during the first quarter worth $1,296,000. Kestra Advisory Services LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 10.1% during the first quarter. Kestra Advisory Services LLC now owns 94,370 shares of the company’s stock worth $4,238,000 after purchasing an additional 8,674 shares during the period. SMART Wealth LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 9.2% during the first quarter. SMART Wealth LLC now owns 41,672 shares of the company’s stock worth $1,871,000 after purchasing an additional 3,518 shares during the period. Finally, RFG Advisory LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – April by 11.7% during the first quarter. RFG Advisory LLC now owns 17,254 shares of the company’s stock worth $775,000 after purchasing an additional 1,813 shares during the period.

FT Vest U.S. Equity Buffer ETF – April Company Profile

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.