FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Trading Up 5.7% – Here’s Why

Shares of FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shot up 5.7% during trading on Monday . The company traded as high as $31.08 and last traded at $32.7550. 1,500 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 31,775 shares. The stock had previously closed at $30.9916.

FT Vest Nasdaq-100 Buffer ETF – March Stock Performance

The firm has a fifty day simple moving average of $32.45 and a 200 day simple moving average of $31.74. The company has a market capitalization of $473.57 million, a PE ratio of 35.47 and a beta of 0.71.

Institutional Trading of FT Vest Nasdaq-100 Buffer ETF – March

A number of hedge funds have recently added to or reduced their stakes in QMAR. 1776 Wealth LLC increased its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – March by 22.4% in the 3rd quarter. 1776 Wealth LLC now owns 39,645 shares of the company’s stock valued at $1,276,000 after acquiring an additional 7,259 shares during the period. Winnow Wealth LLC purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – March in the 3rd quarter worth approximately $432,000. Finally, Sunbelt Securities Inc. raised its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 183.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 12,990 shares of the company’s stock worth $418,000 after acquiring an additional 8,413 shares in the last quarter.

About FT Vest Nasdaq-100 Buffer ETF – March

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.