FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Reaches New 52-Week High – Should You Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) hit a new 52-week high on Thursday . The stock traded as high as $38.04 and last traded at $38.04, with a volume of 5162 shares. The stock had previously closed at $37.78.

FT Vest Nasdaq-100 Buffer ETF – March Stock Performance

The stock has a market capitalization of $552.74 million, a PE ratio of 35.47 and a beta of 0.71. The business’s 50-day moving average is $37.48 and its two-hundred day moving average is $36.34.

Institutional Trading of FT Vest Nasdaq-100 Buffer ETF – March

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – March during the first quarter worth about $378,000. Sunbelt Securities Inc. lifted its position in FT Vest Nasdaq-100 Buffer ETF – March by 2.3% in the first quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock valued at $447,000 after purchasing an additional 296 shares during the period. Finally, 1776 Wealth LLC lifted its position in FT Vest Nasdaq-100 Buffer ETF – March by 3.7% in the fourth quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock valued at $1,357,000 after purchasing an additional 1,461 shares during the period.

About FT Vest Nasdaq-100 Buffer ETF – March

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.