POM Investment Strategies LLC Makes New Investment in FT Vest U.S. Equity Moderate Buffer ETF – May $GMAY

POM Investment Strategies LLC acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May (BATS:GMAY) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 167,477 shares of the company’s stock, valued at approximately $7,208,000. FT Vest U.S. Equity Moderate Buffer ETF – May comprises approximately 8.2% of POM Investment Strategies LLC’s holdings, making the stock its 5th biggest position.

Several other large investors also recently modified their holdings of GMAY. BAM Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth $4,328,000. SMART Wealth LLC bought a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May during the second quarter worth about $668,000. Concurrent Investment Advisors LLC lifted its position in FT Vest U.S. Equity Moderate Buffer ETF – May by 56.0% during the second quarter. Concurrent Investment Advisors LLC now owns 20,461 shares of the company’s stock worth $881,000 after purchasing an additional 7,347 shares during the period. World Equity Group Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May during the second quarter worth about $469,000. Finally, First Heartland Consultants Inc. acquired a new stake in FT Vest U.S. Equity Moderate Buffer ETF – May during the second quarter worth about $343,000.

FT Vest U.S. Equity Moderate Buffer ETF – May Stock Down 0.2%

GMAY stock opened at $44.00 on Friday. FT Vest U.S. Equity Moderate Buffer ETF – May has a 12 month low of $40.02 and a 12 month high of $44.99. The firm has a market cap of $355.52 million, a P/E ratio of 24.47 and a beta of 0.47. The company’s 50-day moving average price is $43.47 and its two-hundred day moving average price is $42.60.

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

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.