FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $57.81 and last traded at $57.70, with a volume of 736 shares trading hands. The stock had previously closed at $57.52.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.3%

The company has a market capitalization of $1.08 billion, a P/E ratio of 23.87 and a beta of 0.57. The company’s 50-day simple moving average is $56.24 and its 200 day simple moving average is $54.99.

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

Large investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its position in FT Vest U.S. Equity Buffer ETF – May by 0.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,021 shares of the company’s stock worth $1,216,000 after purchasing an additional 184 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 7,936 shares of the company’s stock valued at $424,000 after buying an additional 190 shares during the period. Integrated Advisors Network LLC grew its position in FT Vest U.S. Equity Buffer ETF – May by 0.5% during the first quarter. Integrated Advisors Network LLC now owns 41,644 shares of the company’s stock worth $2,199,000 after buying an additional 197 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 2.8% during the fourth quarter. Beacon Financial Advisory LLC now owns 7,710 shares of the company’s stock valued at $412,000 after acquiring an additional 210 shares during the period. Finally, Wood Tarver Financial Group LLC increased its stake in FT Vest U.S. Equity Buffer ETF – May by 3.0% during the fourth quarter. Wood Tarver Financial Group LLC now owns 10,347 shares of the company’s stock valued at $553,000 after acquiring an additional 301 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.