FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Sets New 52-Week High – Should You Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $37.42 and last traded at $37.39, with a volume of 1450 shares changing hands. The stock had previously closed at $37.16.

FT Vest Nasdaq-100 Buffer ETF – March Price Performance

The stock has a market capitalization of $543.02 million, a price-to-earnings ratio of 35.47 and a beta of 0.71. The company’s 50-day simple moving average is $37.01 and its 200-day simple moving average is $35.33.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

Hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new position in shares of FT Vest Nasdaq-100 Buffer ETF – March in the first quarter valued at about $378,000. Sunbelt Securities Inc. increased its stake in FT Vest Nasdaq-100 Buffer ETF – March by 183.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 12,990 shares of the company’s stock worth $418,000 after acquiring an additional 8,413 shares during the period. Advisory Services Network LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 1.9% in the 4th quarter. Advisory Services Network LLC now owns 34,430 shares of the company’s stock valued at $1,136,000 after acquiring an additional 633 shares in the last quarter. Finally, 1776 Wealth LLC lifted its position in shares of FT Vest Nasdaq-100 Buffer ETF – March by 3.7% during the 4th quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock valued at $1,357,000 after acquiring an additional 1,461 shares during the period.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.