FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $57.81 and last traded at $57.70, with a volume of 736 shares traded. The stock had previously closed at $57.52.

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

The firm has a fifty day simple moving average of $56.31 and a 200 day simple moving average of $55.04. The company has a market cap of $1.08 billion, a PE ratio of 23.87 and a beta of 0.57.

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

A number of institutional investors have recently bought and sold shares of FMAY. Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the first quarter worth approximately $52,000. Beacon Pointe Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth $203,000. HBK Sorce Advisory LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth $205,000. Allen Capital Group LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 1st quarter worth $207,000. Finally, Stonebridge Financial Planning Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May in the third quarter valued at $207,000.

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.