FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) Sees Large Drop in Short Interest

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March (BATS:XMAR) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 27,135 shares, a drop of 33.3% from the September 30th total of 40,703 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 4,668 shares, the short-interest ratio is presently 5.8 days.

Hedge Funds Weigh In On FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March

A number of hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the 3rd quarter worth about $3,543,000. Signal Advisors Wealth LLC boosted its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 14.0% in the third quarter. Signal Advisors Wealth LLC now owns 24,422 shares of the company’s stock worth $1,065,000 after buying an additional 3,008 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the third quarter worth about $436,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March in the second quarter worth about $242,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March by 290.1% in the second quarter. Envestnet Asset Management Inc. now owns 212,872 shares of the company’s stock worth $9,097,000 after buying an additional 158,303 shares during the period.

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

XMAR stock opened at $43.63 on Tuesday. FT Vest U.S. Equity Enhance & Moderate Buffer ETF – March has a 1 year low of $39.17 and a 1 year high of $43.84. The business’s 50-day moving average is $43.60 and its two-hundred day moving average is $42.16. The firm has a market capitalization of $205.06 million, a P/E ratio of 24.93 and a beta of 0.23.

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

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – March (XMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XMAR was launched on Mar 17, 2023 and is managed by First Trust.