FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Hits New 12-Month High – Should You Buy?

Shares of FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $38.04 and last traded at $38.04, with a volume of 5162 shares. The stock had previously closed at $37.78.

FT Vest Nasdaq-100 Buffer ETF – March Price Performance

The company has a market capitalization of $551.58 million, a PE ratio of 35.47 and a beta of 0.71. The stock has a 50-day simple moving average of $37.44 and a 200 day simple moving average of $36.30.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

Several institutional investors and hedge funds have recently made changes to their positions in the business. 1776 Wealth LLC grew its stake in FT Vest Nasdaq-100 Buffer ETF – March by 3.7% in the 4th quarter. 1776 Wealth LLC now owns 41,106 shares of the company’s stock valued at $1,357,000 after acquiring an additional 1,461 shares during the last quarter. Sunbelt Securities Inc. raised its position in FT Vest Nasdaq-100 Buffer ETF – March by 2.3% during the first quarter. Sunbelt Securities Inc. now owns 13,286 shares of the company’s stock worth $447,000 after acquiring an additional 296 shares during the last quarter. Finally, Parallel Advisors LLC acquired a new position in FT Vest Nasdaq-100 Buffer ETF – March during the first quarter worth about $378,000.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.