FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) reached a new 52-week high on Monday . The stock traded as high as $46.84 and last traded at $47.6450, with a volume of 10043 shares. The stock had previously closed at $46.7799.

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

The firm has a market cap of $948.97 million, a P/E ratio of 23.86 and a beta of 0.59. The company has a 50 day moving average of $47.10 and a 200 day moving average of $46.29.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Castleview Partners LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 2.2% in the 2nd quarter. Castleview Partners LLC now owns 10,839 shares of the company’s stock valued at $486,000 after acquiring an additional 230 shares during the last quarter. Legacy Private Trust Co. lifted its holdings in FT Vest U.S. Equity Buffer ETF – March by 2.4% during the 4th quarter. Legacy Private Trust Co. now owns 13,328 shares of the company’s stock valued at $633,000 after purchasing an additional 317 shares during the last quarter. Avantra Family Wealth Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – March by 2.9% in the second quarter. Avantra Family Wealth Inc. now owns 12,440 shares of the company’s stock valued at $558,000 after purchasing an additional 351 shares during the last quarter. Plotkin Financial Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – March by 7.0% during the 2nd quarter. Plotkin Financial Advisors LLC now owns 6,598 shares of the company’s stock worth $296,000 after purchasing an additional 434 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 4.6% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 10,582 shares of the company’s stock worth $474,000 after acquiring an additional 468 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.