FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $43.5040 and last traded at $44.2410, with a volume of 14144 shares changing hands. The stock had previously closed at $43.44.

FT Vest U.S. Equity Buffer ETF – April Price Performance

The firm has a market capitalization of $862.41 million, a PE ratio of 24.36 and a beta of 0.60. The company has a fifty day moving average of $43.81 and a 200-day moving average of $43.09.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April

Hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its position in FT Vest U.S. Equity Buffer ETF – April by 200.0% in the second quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after acquiring an additional 600 shares in the last quarter. Bank of America Corp DE acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the third quarter worth $42,000. Legacy Private Trust Co. bought a new position in FT Vest U.S. Equity Buffer ETF – April during the third quarter valued at about $205,000. Diligent Investors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the second quarter worth about $211,000. Finally, TrueWealth Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter valued at about $214,000.

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.