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

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) hit a new 52-week high on Monday . The company traded as high as $46.84 and last traded at $47.5160, with a volume of 10043 shares changing hands. The stock had previously closed at $46.7799.

FT Vest U.S. Equity Buffer ETF – March Trading Up 1.5%

The stock’s 50 day moving average is $46.88 and its 200 day moving average is $46.00. The stock has a market capitalization of $946.75 million, a price-to-earnings ratio of 23.86 and a beta of 0.59.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at approximately $41,000. Darwin Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the 2nd quarter valued at $53,000. Geneos Wealth Management Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock valued at $102,000 after buying an additional 930 shares during the period. Nova Wealth Management Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the 2nd quarter worth $173,000. Finally, Victory Financial Group LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter worth $201,000.

FT Vest U.S. Equity Buffer ETF – March Company Profile

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.