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

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $53.32 and last traded at $53.21, with a volume of 295 shares trading hands. The stock had previously closed at $53.17.

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

The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59. The stock has a 50-day moving average price of $52.42 and a 200-day moving average price of $50.54.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

A number of large investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp acquired a new stake in FT Vest U.S. Equity Buffer ETF – March during the 4th quarter valued at $39,000. Darwin Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at $53,000. Geneos Wealth Management Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock valued at $102,000 after purchasing an additional 930 shares during the period. IFP Advisors Inc raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 14.7% in the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock valued at $165,000 after purchasing an additional 446 shares during the period. Finally, Parallel Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the 1st quarter worth about $172,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.