FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Reaches New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price hit a new 52-week high on Monday. The company traded as high as $48.41 and last traded at $48.3850, with a volume of 2,439 shares. The stock had previously closed at $48.35.

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

The stock has a market capitalization of $940.41 million, a price-to-earnings ratio of 24.36 and a beta of 0.60. The firm has a fifty day moving average of $47.81 and a 200-day moving average of $46.73.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Legacy Private Trust Co. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the third quarter valued at about $295,000. Legacy Solutions LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $338,000. Gateway Wealth Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the 1st quarter worth approximately $343,000. World Equity Group Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $509,000. Finally, Ameritas Advisory Services LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – April by 110.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 16,437 shares of the company’s stock worth $768,000 after acquiring an additional 8,640 shares during the period.

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.