FT Vest U.S. Equity Buffer ETF – May $FMAY Shares Sold by REAP Financial Group LLC

REAP Financial Group LLC lessened its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 51.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 230,296 shares of the company’s stock after selling 248,211 shares during the period. FT Vest U.S. Equity Buffer ETF – May makes up 2.2% of REAP Financial Group LLC’s investment portfolio, making the stock its 11th largest position. REAP Financial Group LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $13,212,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its stake 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 worth $1,216,000 after acquiring an additional 184 shares in the last quarter. CoreCap Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 2.8% during the second quarter. CoreCap Advisors LLC now owns 13,948 shares of the company’s stock worth $784,000 after acquiring an additional 382 shares in the last quarter. Capital Analysts LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth about $26,000. Triumph Capital Management boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 901.8% during the second quarter. Triumph Capital Management now owns 561 shares of the company’s stock worth $32,000 after acquiring an additional 505 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in FT Vest U.S. Equity Buffer ETF – May in the first quarter worth about $52,000.

FT Vest U.S. Equity Buffer ETF – May Stock Performance

Shares of FMAY opened at $55.89 on Friday. FT Vest U.S. Equity Buffer ETF – May has a fifty-two week low of $51.65 and a fifty-two week high of $58.28. The firm’s 50-day simple moving average is $57.50 and its two-hundred day simple moving average is $55.72. The stock has a market cap of $1.05 billion, a PE ratio of 23.87 and a beta of 0.57.

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