Sowell Financial Services LLC Makes New Investment in FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Sowell Financial Services LLC acquired a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 32,000 shares of the company’s stock, valued at approximately $1,405,000. Sowell Financial Services LLC owned 0.40% of FT Vest U.S. Equity Moderate Buffer ETF – May at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GMAY. CoreCap Advisors LLC grew its stake in FT Vest U.S. Equity Moderate Buffer ETF – May by 4.0% in the second quarter. CoreCap Advisors LLC now owns 9,140 shares of the company’s stock valued at $393,000 after acquiring an additional 350 shares during the period. Kintra Wealth LLC raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 5.3% during the second quarter. Kintra Wealth LLC now owns 13,756 shares of the company’s stock worth $606,000 after purchasing an additional 691 shares during the period. Signal Advisors Wealth LLC raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 5.6% during the third quarter. Signal Advisors Wealth LLC now owns 18,376 shares of the company’s stock worth $807,000 after purchasing an additional 972 shares during the period. Mosley Wealth Management raised its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May by 65.7% during the third quarter. Mosley Wealth Management now owns 10,641 shares of the company’s stock worth $471,000 after purchasing an additional 4,221 shares during the period. Finally, NewEdge Advisors LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter valued at about $221,000.

FT Vest U.S. Equity Moderate Buffer ETF – May Price Performance

BATS:GMAY opened at $43.77 on Friday. The business’s 50-day simple moving average is $43.99 and its 200-day simple moving average is $42.76. FT Vest U.S. Equity Moderate Buffer ETF – May has a fifty-two week low of $40.22 and a fifty-two week high of $44.99. The stock has a market capitalization of $353.66 million, a PE ratio of 24.47 and a beta of 0.47.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.