FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price hit a new 52-week high on Monday . The company traded as high as $44.69 and last traded at $44.6990, with a volume of 12365 shares. The stock had previously closed at $44.6378.

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

The company’s fifty day moving average price is $44.41 and its 200 day moving average price is $43.71. The firm has a market capitalization of $870.02 million, a price-to-earnings ratio of 24.36 and a beta of 0.60.

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

Several institutional investors have recently made changes to their positions in FAPR. First Horizon Corp bought a new position in FT Vest U.S. Equity Buffer ETF – April during the 4th quarter worth $27,000. Capital Investment Advisory Services LLC raised its stake in FT Vest U.S. Equity Buffer ETF – April by 52.4% during the 4th quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock valued at $34,000 after acquiring an additional 262 shares in the last quarter. Geneos Wealth Management Inc. boosted its position 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 acquiring an additional 600 shares during the period. Bank of America Corp DE bought a new position in shares of FT Vest U.S. Equity Buffer ETF – April in the third quarter worth $42,000. Finally, IFP Advisors Inc increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 20.7% during the fourth quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock valued at $84,000 after purchasing 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.