FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Reaches New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $46.49 and last traded at $46.47, with a volume of 2237 shares traded. The stock had previously closed at $46.33.

FT Vest U.S. Equity Buffer ETF – April Stock Up 0.4%

The company has a 50-day moving average of $45.30 and a 200 day moving average of $44.68. The firm has a market capitalization of $905.01 million, a PE ratio of 24.36 and a beta of 0.60.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Gateway Wealth Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the first quarter worth about $343,000. Assetmark Inc. grew its position in FT Vest U.S. Equity Buffer ETF – April by 9.5% during the first quarter. Assetmark Inc. now owns 316,799 shares of the company’s stock worth $14,226,000 after buying an additional 27,451 shares in the last quarter. Fifth Third Bancorp purchased a new position in FT Vest U.S. Equity Buffer ETF – April during the first quarter worth about $1,296,000. Kestra Advisory Services LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 10.1% during the first quarter. Kestra Advisory Services LLC now owns 94,370 shares of the company’s stock worth $4,238,000 after buying an additional 8,674 shares in the last quarter. Finally, SMART Wealth LLC grew its position in FT Vest U.S. Equity Buffer ETF – April by 9.2% during the first quarter. SMART Wealth LLC now owns 41,672 shares of the company’s stock worth $1,871,000 after buying an additional 3,518 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – April Company Profile

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.