FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Shares Down 0.1% – Here’s Why

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s share price was down 0.1% during mid-day trading on Thursday . The stock traded as low as $52.86 and last traded at $53.07. Approximately 6,755 shares changed hands during trading, a decline of 47% from the average daily volume of 12,826 shares. The stock had previously closed at $53.11.

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

The company has a market capitalization of $987.56 million, a PE ratio of 23.87 and a beta of 0.57. The firm’s fifty day simple moving average is $53.67 and its 200 day simple moving average is $52.94.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. CreativeOne Wealth LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – May by 2,289.0% during the 2nd quarter. CreativeOne Wealth LLC now owns 115,626 shares of the company’s stock worth $5,785,000 after buying an additional 110,786 shares during the last quarter. Osaic Holdings Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – May by 93.6% during the second quarter. Osaic Holdings Inc. now owns 170,819 shares of the company’s stock worth $8,443,000 after purchasing an additional 82,573 shares during the last quarter. Cetera Investment Advisers lifted its stake in FT Vest U.S. Equity Buffer ETF – May by 26.8% during the fourth quarter. Cetera Investment Advisers now owns 253,019 shares of the company’s stock worth $13,524,000 after purchasing an additional 53,495 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in FT Vest U.S. Equity Buffer ETF – May by 35.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock valued at $8,802,000 after purchasing an additional 42,895 shares in the last quarter. Finally, Assetmark Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – May by 15.9% in the fourth quarter. Assetmark Inc. now owns 242,038 shares of the company’s stock valued at $12,937,000 after purchasing an additional 33,136 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.