FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 12-Month High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) hit a new 52-week high on Thursday . The company traded as high as $53.32 and last traded at $53.21, with a volume of 295 shares traded. The stock had previously closed at $53.17.

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

The business has a fifty day simple moving average of $52.37 and a 200-day simple moving average of $50.48. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59.

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

Several large investors have recently modified their holdings of FMAR. Assetmark Inc. raised its position in FT Vest U.S. Equity Buffer ETF – March by 16.2% during the 4th quarter. Assetmark Inc. now owns 271,438 shares of the company’s stock worth $12,884,000 after purchasing an additional 37,827 shares during the last quarter. IMC Chicago LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the fourth quarter worth approximately $562,000. Integrity Alliance LLC. bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the fourth quarter valued at approximately $494,000. Rockefeller Capital Management L.P. boosted its holdings in FT Vest U.S. Equity Buffer ETF – March by 350.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 104,788 shares of the company’s stock valued at $4,974,000 after acquiring an additional 81,515 shares during the last quarter. Finally, World Equity Group Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – March in the first quarter valued at approximately $572,000.

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

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.