FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Reaches New 1-Year High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $45.45 and last traded at $45.36, with a volume of 24128 shares changing hands. The stock had previously closed at $45.29.

FT Vest U.S. Equity Buffer ETF – April Trading Up 0.7%

The company has a market capitalization of $887.11 million, a PE ratio of 24.36 and a beta of 0.60. The firm’s 50-day simple moving average is $44.93 and its 200-day simple moving average is $44.43.

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

Several hedge funds have recently made changes to their positions in the company. SMART Wealth LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 9.2% in the 1st quarter. SMART Wealth LLC now owns 41,672 shares of the company’s stock worth $1,871,000 after buying an additional 3,518 shares during the period. RFG Advisory LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 11.7% in the 1st quarter. RFG Advisory LLC now owns 17,254 shares of the company’s stock worth $775,000 after buying an additional 1,813 shares during the period. Founders Financial Securities LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 9.6% in the 1st quarter. Founders Financial Securities LLC now owns 33,174 shares of the company’s stock worth $1,501,000 after buying an additional 2,898 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 2.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 119,640 shares of the company’s stock worth $5,314,000 after buying an additional 2,658 shares during the period. Finally, Barnes Wealth Management Group Inc lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 7.5% in the 4th quarter. Barnes Wealth Management Group Inc now owns 17,455 shares of the company’s stock worth $775,000 after buying an additional 1,223 shares during the period.

About FT Vest U.S. Equity Buffer ETF – April

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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. FAPR was launched on Apr 16, 2021 and is managed by First Trust.