FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $53.32 and last traded at $53.21, with a volume of 295 shares trading hands. The stock had previously closed at $53.17.

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

The stock has a 50-day simple moving average of $52.37 and a 200-day simple moving average of $50.48. The stock has a market cap of $1.06 billion, a P/E ratio of 23.86 and a beta of 0.59.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – March

A number of hedge funds have recently made changes to their positions in the stock. Fifth Third Bancorp acquired a new position in FT Vest U.S. Equity Buffer ETF – March during the 4th quarter worth approximately $39,000. Darwin Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – March in the second quarter valued at approximately $53,000. Geneos Wealth Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – March by 68.7% in the second quarter. Geneos Wealth Management Inc. now owns 2,284 shares of the company’s stock valued at $102,000 after buying an additional 930 shares in the last quarter. IFP Advisors Inc grew its stake in shares of FT Vest U.S. Equity Buffer ETF – March by 14.7% during the fourth quarter. IFP Advisors Inc now owns 3,483 shares of the company’s stock worth $165,000 after buying an additional 446 shares during the last quarter. Finally, Parallel Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March during the first quarter worth $172,000.

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.