FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 12-Month High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) hit a new 52-week high during trading on Wednesday . The company traded as high as $51.54 and last traded at $51.51, with a volume of 321 shares trading hands. The stock had previously closed at $51.21.

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

The company’s fifty day moving average is $49.12 and its two-hundred day moving average is $47.89. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. 1776 Wealth LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 0.8% in the fourth quarter. 1776 Wealth LLC now owns 27,720 shares of the company’s stock worth $1,316,000 after buying an additional 221 shares during the period. Prospera Financial Services Inc raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 5.2% during the 4th quarter. Prospera Financial Services Inc now owns 5,460 shares of the company’s stock valued at $259,000 after buying an additional 272 shares during the period. FWG Investments LLC. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 1.2% during the 1st quarter. FWG Investments LLC. now owns 26,921 shares of the company’s stock worth $1,305,000 after acquiring an additional 308 shares in the last quarter. Legacy Private Trust Co. lifted its position in FT Vest U.S. Equity Buffer ETF – March by 2.4% during the 4th quarter. Legacy Private Trust Co. now owns 13,328 shares of the company’s stock worth $633,000 after acquiring an additional 317 shares in the last quarter. Finally, Silver Oak Securities Incorporated boosted its holdings in FT Vest U.S. Equity Buffer ETF – March by 4.3% in the 1st quarter. Silver Oak Securities Incorporated now owns 9,675 shares of the company’s stock worth $469,000 after acquiring an additional 400 shares during the period.

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.