FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 1-Year High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $48.11 and last traded at $48.11, with a volume of 25350 shares. The stock had previously closed at $47.99.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.3%

The business has a 50-day moving average price of $47.73 and a 200-day moving average price of $46.93. The firm has a market cap of $958.83 million, a P/E ratio of 23.86 and a beta of 0.59.

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

Several hedge funds have recently modified their holdings of FMAR. Jane Street Group LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 896.5% during the first quarter. Jane Street Group LLC now owns 226,466 shares of the company’s stock valued at $9,557,000 after purchasing an additional 203,740 shares in the last quarter. Ignite Planners LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – March by 6.5% during the second quarter. Ignite Planners LLC now owns 19,113 shares of the company’s stock worth $862,000 after buying an additional 1,171 shares during the period. Envestnet Asset Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – March by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 222,233 shares of the company’s stock valued at $9,965,000 after acquiring an additional 19,729 shares in the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 27.6% in the 2nd quarter. Kingsview Wealth Management LLC now owns 9,204 shares of the company’s stock valued at $413,000 after acquiring an additional 1,991 shares during the period. Finally, Plotkin Financial Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 7.0% in the 2nd quarter. Plotkin Financial Advisors LLC now owns 6,598 shares of the company’s stock worth $296,000 after acquiring an additional 434 shares in the last quarter.

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.