Integrity Alliance LLC. Makes New Investment in FT Vest U.S. Equity Buffer ETF – May $FMAY

Integrity Alliance LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) during the third quarter, HoldingsChannel.com reports. The fund bought 9,057 shares of the company’s stock, valued at approximately $520,000.

Several other hedge funds have also recently made changes to their positions in FMAY. Gerber Kawasaki Wealth & Investment Management purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter valued at about $221,000. Founders Financial Securities LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the third quarter worth about $2,361,000. Park Avenue Securities LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the third quarter worth about $398,000. McKinley Carter Wealth Services Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the third quarter worth about $1,371,000. Finally, Sacks & Associates LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth approximately $5,312,000.

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

Shares of BATS FMAY opened at $55.99 on Friday. FT Vest U.S. Equity Buffer ETF – May has a 1-year low of $51.65 and a 1-year high of $58.28. The business’s 50 day moving average is $57.47 and its two-hundred day moving average is $55.73. The stock has a market capitalization of $1.45 billion, a P/E ratio of 23.87 and a beta of 0.61.

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

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.