FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Reaches New 1-Year High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.14 and last traded at $55.09, with a volume of 83119 shares traded. The stock had previously closed at $55.11.

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

The company has a market capitalization of $1.03 billion, a PE ratio of 23.87 and a beta of 0.57. The business’s 50-day simple moving average is $53.60 and its 200-day simple moving average is $53.20.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – May

A number of institutional investors have recently bought and sold shares of FMAY. Beacon Pointe Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth approximately $203,000. HBK Sorce Advisory LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth approximately $205,000. Stonebridge Financial Planning Group LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter worth approximately $207,000. Creative Planning purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter worth approximately $218,000. Finally, Park Avenue Securities LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May during the 3rd quarter worth approximately $305,000.

About FT Vest U.S. Equity Buffer ETF – May

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.