FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 52-Week High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) reached a new 52-week high on Tuesday . The company traded as high as $51.74 and last traded at $51.65, with a volume of 9638 shares trading hands. The stock had previously closed at $51.70.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.2%

The company has a 50 day moving average price of $49.56 and a 200 day moving average price of $48.11. The company has a market capitalization of $1.03 billion, a P/E ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. 1776 Wealth LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 0.8% during the 4th quarter. 1776 Wealth LLC now owns 27,720 shares of the company’s stock worth $1,316,000 after acquiring an additional 221 shares during the period. Prospera Financial Services Inc boosted its stake 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 worth $259,000 after acquiring an additional 272 shares during the period. FWG Investments LLC. boosted its stake in FT Vest U.S. Equity Buffer ETF – March by 1.2% in the 1st quarter. FWG Investments LLC. now owns 26,921 shares of the company’s stock valued at $1,305,000 after purchasing an additional 308 shares during the period. Legacy Private Trust Co. boosted its stake in FT Vest U.S. Equity Buffer ETF – March by 2.4% in the 4th quarter. Legacy Private Trust Co. now owns 13,328 shares of the company’s stock valued at $633,000 after purchasing an additional 317 shares during the period. Finally, Silver Oak Securities Incorporated boosted its stake 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 valued at $469,000 after purchasing 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.