FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) shares hit a new 52-week high on Wednesday . The company traded as high as $52.25 and last traded at $52.06, with a volume of 12407 shares traded. The stock had previously closed at $51.96.

FT Vest U.S. Equity Buffer ETF – March Trading Up 0.3%

The stock’s 50 day moving average price is $50.41 and its two-hundred day moving average price is $48.51. The firm has a market capitalization of $1.04 billion, a PE ratio of 23.86 and a beta of 0.59.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Cetera Investment Advisers increased its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 96.2% during the 1st quarter. Cetera Investment Advisers now owns 382,322 shares of the company’s stock worth $18,539,000 after purchasing an additional 187,478 shares in the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – March by 6.7% in the 1st quarter. Assetmark Inc. now owns 289,680 shares of the company’s stock worth $14,047,000 after acquiring an additional 18,242 shares during the period. Envestnet Asset Management Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – March by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 228,898 shares of the company’s stock worth $10,619,000 after acquiring an additional 6,665 shares during the period. Jane Street Group LLC grew its stake in FT Vest U.S. Equity Buffer ETF – March by 896.5% in the 1st quarter. Jane Street Group LLC now owns 226,466 shares of the company’s stock worth $9,557,000 after acquiring an additional 203,740 shares during the period. Finally, REAP Financial Group LLC grew its stake in FT Vest U.S. Equity Buffer ETF – March by 5.8% in the 3rd quarter. REAP Financial Group LLC now owns 128,656 shares of the company’s stock worth $5,968,000 after acquiring an additional 7,046 shares during the period.

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

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.