FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY Shares Newly Bought by Madrona Financial Services LLC

Madrona Financial Services LLC bought a new position in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) in the third quarter, HoldingsChannel reports. The fund bought 12,840 shares of the company’s stock, valued at approximately $564,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 1,310.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 514,026 shares of the company’s stock valued at $22,124,000 after acquiring an additional 477,587 shares during the period. POM Investment Strategies LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth approximately $7,208,000. BAM Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth approximately $4,328,000. Schulz Wealth LTD. bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth approximately $2,137,000. Finally, Sowell Financial Services LLC bought a new stake in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the third quarter worth approximately $1,405,000.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Down 0.1%

GMAY opened at $43.92 on Friday. The firm has a 50 day moving average price of $43.97 and a 200-day moving average price of $43.26. FT Vest U.S. Equity Moderate Buffer ETF – May has a twelve month low of $40.22 and a twelve month high of $44.99. The stock has a market capitalization of $354.87 million, a price-to-earnings ratio of 24.47 and a beta of 0.47.

FT Vest U.S. Equity Moderate Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.