FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $51.32 and last traded at $53.05, with a volume of 10978 shares. The stock had previously closed at $51.23.

FT Vest U.S. Equity Buffer ETF – May Trading Up 3.5%

The company has a 50 day moving average of $52.44 and a 200-day moving average of $51.13. The firm has a market capitalization of $993.96 million, a P/E ratio of 23.87 and a beta of 0.57.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – May

Several institutional investors and hedge funds have recently modified their holdings of FMAY. Envestnet Asset Management Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – May by 785.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 530,507 shares of the company’s stock worth $26,541,000 after purchasing an additional 470,596 shares in the last quarter. Cetera Investment Advisers raised its position in shares of FT Vest U.S. Equity Buffer ETF – May by 267.4% in the second quarter. Cetera Investment Advisers now owns 378,358 shares of the company’s stock valued at $18,929,000 after buying an additional 275,383 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 2,289.0% in the second quarter. CreativeOne Wealth LLC now owns 115,626 shares of the company’s stock valued at $5,785,000 after buying an additional 110,786 shares during the period. Osaic Holdings Inc. grew its position in FT Vest U.S. Equity Buffer ETF – May by 93.6% during the second quarter. Osaic Holdings Inc. now owns 170,819 shares of the company’s stock worth $8,443,000 after buying an additional 82,573 shares in the last quarter. Finally, Clear Creek Financial Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth approximately $2,236,000.

About FT Vest U.S. Equity Buffer ETF – May

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.