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

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) reached a new 52-week high during trading on Monday . The company traded as high as $55.48 and last traded at $55.44, with a volume of 8195 shares changing hands. The stock had previously closed at $55.44.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.0%

The firm has a market cap of $1.04 billion, a PE ratio of 23.87 and a beta of 0.57. The business’s 50-day simple moving average is $53.86 and its 200 day simple moving average is $53.39.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – May

A number of institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock valued at $1,216,000 after buying an additional 184 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock valued at $424,000 after buying an additional 190 shares in the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.5% in the 1st quarter. Integrated Advisors Network LLC now owns 41,644 shares of the company’s stock valued at $2,199,000 after buying an additional 197 shares in the last quarter. Beacon Financial Advisory LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 2.8% in the 4th quarter. Beacon Financial Advisory LLC now owns 7,710 shares of the company’s stock valued at $412,000 after buying an additional 210 shares in the last quarter. Finally, Transcend Capital Advisors LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 1.4% in the 3rd quarter. Transcend Capital Advisors LLC now owns 16,827 shares of the company’s stock valued at $879,000 after buying an additional 225 shares in the last quarter.

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

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.