FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 1-Year High – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $51.32 and last traded at $53.4960, with a volume of 10978 shares changing hands. The stock had previously closed at $51.23.

FT Vest U.S. Equity Buffer ETF – May Stock Up 4.4%

The stock has a fifty day moving average of $52.75 and a 200-day moving average of $51.62. The firm has a market capitalization of $1.00 billion, a P/E ratio of 23.87 and a beta of 0.57.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Nova Wealth Management Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter worth about $138,000. Fragasso Financial Advisors Inc increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 30.9% in the second quarter. Fragasso Financial Advisors Inc now owns 16,284 shares of the company’s stock valued at $815,000 after acquiring an additional 3,848 shares during the last quarter. Keystone Wealth Services LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 10.2% in the second quarter. Keystone Wealth Services LLC now owns 178,469 shares of the company’s stock valued at $8,929,000 after acquiring an additional 16,457 shares during the last quarter. FOCUS Wealth Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 0.4% during the second quarter. FOCUS Wealth Advisors LLC now owns 479,491 shares of the company’s stock worth $23,989,000 after acquiring an additional 1,922 shares in the last quarter. Finally, Signal Advisors Wealth LLC boosted its position in FT Vest U.S. Equity Buffer ETF – May by 5.1% during the second quarter. Signal Advisors Wealth LLC now owns 50,332 shares of the company’s stock valued at $2,518,000 after purchasing an additional 2,464 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.