FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Share Price Breaks Above 50-Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) shares crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $47.87 and traded as high as $47.97. FT Vest U.S. Equity Buffer ETF – April shares last traded at $47.92, with a volume of 6,972 shares trading hands.

FT Vest U.S. Equity Buffer ETF – April Price Performance

The firm’s 50-day simple moving average is $47.87 and its 200 day simple moving average is $46.43. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 24.36 and a beta of 0.54.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth $908,000. Founders Financial Securities LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the 3rd quarter valued at approximately $1,915,000. Integrity Financial Corp WA boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 135.3% in the 2nd quarter. Integrity Financial Corp WA now owns 53,167 shares of the company’s stock valued at $2,485,000 after purchasing an additional 30,572 shares in the last quarter. Park Avenue Securities LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the 3rd quarter worth approximately $528,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth approximately $1,500,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.