FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.94 and last traded at $45.90, with a volume of 4515 shares traded. The stock had previously closed at $45.55.

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

The stock has a 50-day moving average of $44.97 and a two-hundred day moving average of $44.46. The firm has a market cap of $895.87 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

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

Large investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the first quarter worth $1,296,000. Kestra Advisory Services LLC raised its position in FT Vest U.S. Equity Buffer ETF – April by 10.1% during the first quarter. Kestra Advisory Services LLC now owns 94,370 shares of the company’s stock valued at $4,238,000 after buying an additional 8,674 shares during the period. SMART Wealth LLC lifted its stake in 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 acquiring an additional 3,518 shares in the last quarter. RFG Advisory LLC boosted its position in FT Vest U.S. Equity Buffer ETF – April by 11.7% during the 1st quarter. RFG Advisory LLC now owns 17,254 shares of the company’s stock worth $775,000 after acquiring an additional 1,813 shares during the period. Finally, Founders Financial Securities LLC boosted its position in FT Vest U.S. Equity Buffer ETF – April by 9.6% during the 1st quarter. Founders Financial Securities LLC now owns 33,174 shares of the company’s stock worth $1,501,000 after acquiring an additional 2,898 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.