FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 52-Week High – Here’s What Happened

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

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

The firm has a market cap of $1.00 billion, a PE ratio of 23.87 and a beta of 0.57. The firm has a 50-day simple moving average of $52.80 and a 200 day simple moving average of $51.68.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of FMAY. Transcend Capital Advisors LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 1.4% during the third quarter. Transcend Capital Advisors LLC now owns 16,827 shares of the company’s stock valued at $879,000 after purchasing an additional 225 shares in the last quarter. CoreCap Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – May by 2.7% during the 3rd quarter. CoreCap Advisors LLC now owns 13,470 shares of the company’s stock valued at $704,000 after buying an additional 353 shares in the last quarter. Centaurus Financial Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – May by 3.4% during the third quarter. Centaurus Financial Inc. now owns 11,287 shares of the company’s stock valued at $590,000 after buying an additional 372 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in FT Vest U.S. Equity Buffer ETF – May by 5.4% during the third quarter. Integrated Wealth Concepts LLC now owns 16,505 shares of the company’s stock valued at $862,000 after buying an additional 845 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – May by 6.4% in the third quarter. Blue Bell Private Wealth Management LLC now owns 15,349 shares of the company’s stock worth $802,000 after acquiring an additional 918 shares in 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.