FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $49.00 and last traded at $49.00, with a volume of 27378 shares traded. The stock had previously closed at $48.81.

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

The company has a market capitalization of $991.52 million, a P/E ratio of 23.86 and a beta of 0.59. The business has a 50-day moving average of $48.07 and a 200-day moving average of $47.34.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – March

Institutional investors have recently bought and sold shares of the stock. Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 13.8% in the third quarter. Assetmark Inc. now owns 233,611 shares of the company’s stock worth $10,837,000 after buying an additional 28,287 shares during the last quarter. Osaic Holdings Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 20.8% in the second quarter. Osaic Holdings Inc. now owns 131,297 shares of the company’s stock worth $5,810,000 after buying an additional 22,626 shares during the last quarter. Faithward Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – March by 438.5% in the second quarter. Faithward Advisors LLC now owns 54,819 shares of the company’s stock worth $2,458,000 after buying an additional 44,640 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 350.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 104,788 shares of the company’s stock worth $4,974,000 after buying an additional 81,515 shares during the last quarter. Finally, 1776 Wealth LLC lifted its position in FT Vest U.S. Equity Buffer ETF – March by 0.8% in the fourth quarter. 1776 Wealth LLC now owns 27,720 shares of the company’s stock worth $1,316,000 after buying an additional 221 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – March

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.