FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 1-Year High – Time to Buy?

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 $43.5040 and last traded at $44.4990, with a volume of 14144 shares traded. The stock had previously closed at $43.44.

FT Vest U.S. Equity Buffer ETF – April Stock Up 2.4%

The firm has a market capitalization of $865.23 million, a P/E ratio of 24.36 and a beta of 0.60. The business’s 50 day moving average is $43.99 and its 200-day moving average is $43.29.

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

Several institutional investors and hedge funds have recently modified their holdings of FAPR. MML Investors Services LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 895.8% in the second quarter. MML Investors Services LLC now owns 287,067 shares of the company’s stock valued at $12,111,000 after acquiring an additional 258,238 shares during the last quarter. Stephens Inc. AR boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 64.6% in the 2nd quarter. Stephens Inc. AR now owns 208,165 shares of the company’s stock valued at $8,782,000 after purchasing an additional 81,727 shares in the last quarter. REAP Financial Group LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 79.5% during the 2nd quarter. REAP Financial Group LLC now owns 165,439 shares of the company’s stock valued at $6,980,000 after purchasing an additional 73,252 shares during the last quarter. Assetmark Inc. increased its position in FT Vest U.S. Equity Buffer ETF – April by 34.7% during the 2nd quarter. Assetmark Inc. now owns 216,720 shares of the company’s stock worth $9,143,000 after purchasing an additional 55,885 shares in the last quarter. Finally, Harbour Investments Inc. increased its position in FT Vest U.S. Equity Buffer ETF – April by 401.9% during the 2nd quarter. Harbour Investments Inc. now owns 49,453 shares of the company’s stock worth $2,086,000 after purchasing an additional 39,599 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – April Company Profile

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.