FT Vest U.S. Equity Buffer ETF – May $FMAY Stake Cut by FOCUS Wealth Advisors LLC

FOCUS Wealth Advisors LLC trimmed its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 2.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 478,282 shares of the company’s stock after selling 10,542 shares during the period. FT Vest U.S. Equity Buffer ETF – May comprises 13.3% of FOCUS Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. FOCUS Wealth Advisors LLC owned approximately 2.55% of FT Vest U.S. Equity Buffer ETF – May worth $27,439,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of FMAY. Envestnet Asset Management Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 747.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,209,970 shares of the company’s stock valued at $71,038,000 after buying an additional 1,067,194 shares during the period. Assetmark Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – May by 9.9% during the first quarter. Assetmark Inc. now owns 266,045 shares of the company’s stock worth $14,047,000 after acquiring an additional 24,007 shares during the period. BAM Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth $9,964,000. Rockefeller Capital Management L.P. grew its holdings in FT Vest U.S. Equity Buffer ETF – May by 35.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 164,678 shares of the company’s stock worth $8,802,000 after acquiring an additional 42,895 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – May by 2.2% during the first quarter. Kestra Advisory Services LLC now owns 117,813 shares of the company’s stock worth $6,221,000 after acquiring an additional 2,521 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Stock Performance

BATS:FMAY traded down $0.46 during trading hours on Wednesday, hitting $57.71. The company’s stock had a trading volume of 9,562 shares, compared to its average volume of 43,275. The business’s 50-day moving average is $57.49 and its two-hundred day moving average is $56.19. The company has a market capitalization of $1.08 billion, a PE ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a 52-week low of $51.65 and a 52-week high of $58.28.

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