FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $46.84 and last traded at $47.5210, with a volume of 10043 shares trading hands. The stock had previously closed at $46.7799.

FT Vest U.S. Equity Buffer ETF – March Stock Up 2.0%

The company has a market cap of $951.24 million, a P/E ratio of 23.86 and a beta of 0.59. The business has a 50-day moving average price of $47.21 and a two-hundred day moving average price of $46.39.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FMAR. Envestnet Asset Management Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 222,233 shares of the company’s stock valued at $9,965,000 after acquiring an additional 19,729 shares in the last quarter. Osaic Holdings Inc. raised its position in FT Vest U.S. Equity Buffer ETF – March by 20.8% in the second quarter. Osaic Holdings Inc. now owns 131,297 shares of the company’s stock valued at $5,810,000 after purchasing an additional 22,626 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 4.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 14,599 shares of the company’s stock valued at $657,000 after purchasing an additional 611 shares in the last quarter. ERn Financial LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 17.4% during the second quarter. ERn Financial LLC now owns 7,717 shares of the company’s stock valued at $346,000 after purchasing an additional 1,143 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 2,470.7% during the second quarter. Truist Financial Corp now owns 1,242,612 shares of the company’s stock worth $55,719,000 after purchasing an additional 1,194,274 shares during the last quarter.

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.