FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high on Tuesday . The stock traded as high as $44.93 and last traded at $44.93, with a volume of 6867 shares. The stock had previously closed at $44.41.

FT Vest U.S. Equity Buffer ETF – April Trading Up 1.2%

The company has a 50-day simple moving average of $44.68 and a 200 day simple moving average of $44.16. The company has a market cap of $874.08 million, a P/E ratio of 24.36 and a beta of 0.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FAPR. First Horizon Corp purchased a new stake in FT Vest U.S. Equity Buffer ETF – April in the 4th quarter valued at about $27,000. Capital Investment Advisory Services LLC grew its stake in FT Vest U.S. Equity Buffer ETF – April by 52.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock worth $34,000 after purchasing an additional 262 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – April by 200.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after purchasing an additional 600 shares during the period. Bank of America Corp DE bought a new stake in FT Vest U.S. Equity Buffer ETF – April during the 3rd quarter valued at $42,000. Finally, IFP Advisors Inc lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 20.7% in the 4th quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock worth $84,000 after buying an additional 324 shares during the period.

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

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.