FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMARGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as $52.69 and last traded at $52.69, with a volume of 8101 shares traded. The stock had previously closed at $52.47.

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

The stock has a market cap of $1.05 billion, a PE ratio of 23.86 and a beta of 0.59. The business has a 50 day moving average price of $52.20 and a two-hundred day moving average price of $50.13.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in FT Vest U.S. Equity Buffer ETF – March in the 4th quarter worth about $39,000. Darwin Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the second quarter worth about $53,000. Geneos Wealth Management Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock worth $102,000 after buying an additional 930 shares in the last quarter. IFP Advisors Inc boosted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 14.7% in the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock valued at $165,000 after acquiring an additional 446 shares during the period. Finally, Parallel Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the first quarter valued at approximately $172,000.

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

(Get Free Report)

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.

Further Reading

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