FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Hits New 12-Month High – Should You Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR)’s share price reached a new 52-week high on Thursday . The stock traded as high as $38.04 and last traded at $38.04, with a volume of 5162 shares changing hands. The stock had previously closed at $37.78.

FT Vest Nasdaq-100 Buffer ETF – March Stock Performance

The stock has a market capitalization of $551.58 million, a price-to-earnings ratio of 35.47 and a beta of 0.71. The business has a 50-day moving average of $37.44 and a 200-day moving average of $36.30.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

A number of hedge funds and other institutional investors have recently made changes to their positions in QMAR. Parallel Advisors LLC purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – March in the 1st quarter valued at approximately $378,000. Sunbelt Securities Inc. raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 2.3% during the first quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock worth $447,000 after purchasing an additional 296 shares in the last quarter. Finally, 1776 Wealth LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 3.7% during the fourth quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock worth $1,357,000 after purchasing an additional 1,461 shares in the last quarter.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.