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

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) hit a new 52-week high on Thursday . The company traded as high as $53.41 and last traded at $53.41, with a volume of 181 shares trading hands. The stock had previously closed at $53.26.

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

The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59. The firm’s fifty day moving average is $52.68 and its two-hundred day moving average is $50.92.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – March

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp bought a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the fourth quarter valued at approximately $39,000. Darwin Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March during the second quarter valued at approximately $53,000. Geneos Wealth Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – March by 68.7% during the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after purchasing an additional 930 shares in the last quarter. IFP Advisors Inc raised its holdings in FT Vest U.S. Equity Buffer ETF – March by 14.7% during the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock worth $165,000 after purchasing an additional 446 shares in the last quarter. Finally, Parallel Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – March in the first quarter worth approximately $172,000.

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.