FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Hits New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $47.76 and last traded at $47.76, with a volume of 292 shares changing hands. The stock had previously closed at $47.56.

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

The stock has a 50 day moving average price of $46.75 and a 200 day moving average price of $45.74. The company has a market cap of $926.40 million, a P/E ratio of 24.36 and a beta of 0.60.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. First Horizon Corp acquired a new stake in FT Vest U.S. Equity Buffer ETF – April in the 4th quarter valued at about $27,000. Capital Investment Advisory Services LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 52.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 762 shares of the company’s stock worth $34,000 after purchasing an additional 262 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 900 shares of the company’s stock worth $38,000 after purchasing an additional 600 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the 3rd quarter worth approximately $42,000. Finally, IFP Advisors Inc raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 20.7% in the 4th quarter. IFP Advisors Inc now owns 1,891 shares of the company’s stock worth $84,000 after purchasing an additional 324 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.