FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Trading Down 0.1% – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) shares fell 0.1% during mid-day trading on Thursday . The company traded as low as $52.86 and last traded at $53.07. 6,755 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 12,826 shares. The stock had previously closed at $53.11.

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

The stock has a market capitalization of $995.06 million, a P/E ratio of 23.87 and a beta of 0.57. The firm has a 50-day moving average price of $53.69 and a 200 day moving average price of $52.93.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 267.4% in the 2nd quarter. Cetera Investment Advisers now owns 378,358 shares of the company’s stock worth $18,929,000 after acquiring an additional 275,383 shares during the last quarter. CreativeOne Wealth LLC raised its position in FT Vest U.S. Equity Buffer ETF – May by 2,289.0% in the 2nd quarter. CreativeOne Wealth LLC now owns 115,626 shares of the company’s stock worth $5,785,000 after purchasing an additional 110,786 shares during the period. Osaic Holdings Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – May by 93.6% in the second quarter. Osaic Holdings Inc. now owns 170,819 shares of the company’s stock worth $8,443,000 after purchasing an additional 82,573 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in FT Vest U.S. Equity Buffer ETF – May by 35.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock worth $8,802,000 after purchasing an additional 42,895 shares during the last quarter. Finally, Assetmark Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – May by 15.9% during the fourth quarter. Assetmark Inc. now owns 242,038 shares of the company’s stock valued at $12,937,000 after buying an additional 33,136 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.