FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares reached a new 52-week high on Monday . The stock traded as high as $46.84 and last traded at $47.38, with a volume of 10043 shares traded. The stock had previously closed at $46.7799.

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

The company has a market capitalization of $945.88 million, a P/E ratio of 23.86 and a beta of 0.59. The stock has a fifty day moving average of $46.81 and a 200 day moving average of $45.92.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Sunbelt Securities Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – March by 47.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,486 shares of the company’s stock worth $208,000 after acquiring an additional 1,450 shares during the period. Citadel Advisors LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 197.4% in the third quarter. Citadel Advisors LLC now owns 21,680 shares of the company’s stock worth $1,006,000 after purchasing an additional 14,389 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 19.7% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 6,893 shares of the company’s stock valued at $320,000 after purchasing an additional 1,136 shares during the period. Synovus Financial Corp lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 4.4% during the 3rd quarter. Synovus Financial Corp now owns 18,319 shares of the company’s stock valued at $850,000 after buying an additional 772 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – March by 13.8% in the 3rd quarter. Assetmark Inc. now owns 233,611 shares of the company’s stock worth $10,837,000 after buying an additional 28,287 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.