FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 8,987 shares, a drop of 40.9% from the September 15th total of 15,217 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 3,798 shares, the days-to-cover ratio is presently 2.4 days.
FT Vest U.S. Small Cap Moderate Buffer ETF – May Trading Down 1.0%
SMAY opened at $27.23 on Friday. The firm has a market capitalization of $111.64 million, a PE ratio of 16.31 and a beta of 0.73. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a twelve month low of $24.89 and a twelve month high of $28.86. The firm’s 50-day moving average price is $28.15 and its 200 day moving average price is $27.81.
Institutional Trading of FT Vest U.S. Small Cap Moderate Buffer ETF – May
A number of hedge funds and other institutional investors have recently made changes to their positions in SMAY. Envestnet Asset Management Inc. raised its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 6.6% in the second quarter. Envestnet Asset Management Inc. now owns 46,856 shares of the company’s stock valued at $1,330,000 after purchasing an additional 2,892 shares during the period. Kestra Advisory Services LLC boosted its position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the first quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock worth $950,000 after buying an additional 11,393 shares during the period. First Heartland Consultants Inc. purchased a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the third quarter worth $940,000. Quad Cities Investment Group LLC purchased a new position in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May during the second quarter worth $610,000. Finally, Avidian Wealth Enterprises LLC acquired a new stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the third quarter valued at $365,000.
About FT Vest U.S. Small Cap Moderate Buffer ETF – May
The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.
See Also
- Five stocks we like better than FT Vest U.S. Small Cap Moderate Buffer ETF – May
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for FT Vest U.S. Small Cap Moderate Buffer ETF - May Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Vest U.S. Small Cap Moderate Buffer ETF - May and related companies with MarketBeat.com's FREE daily email newsletter.
