FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 1-Year High – Here’s Why
by Teresa Graham · The Cerbat GemFT Vest U.S. Equity Buffer ETF – April (BATS:FAPR – Get Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $45.41 and last traded at $45.38, with a volume of 31862 shares changing hands. The stock had previously closed at $45.21.
FT Vest U.S. Equity Buffer ETF – April Trading Up 0.4%
The company’s fifty day simple moving average is $44.87 and its 200 day simple moving average is $44.37. The stock has a market capitalization of $882.45 million, a P/E ratio of 24.36 and a beta of 0.60.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of FAPR. NewEdge Advisors LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – April by 33.8% in the 2nd quarter. NewEdge Advisors LLC now owns 39,666 shares of the company’s stock valued at $1,674,000 after purchasing an additional 10,011 shares during the period. Main Street Financial Solutions LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – April by 40.9% in the 2nd quarter. Main Street Financial Solutions LLC now owns 18,487 shares of the company’s stock valued at $780,000 after purchasing an additional 5,369 shares during the period. Raymond James Financial Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – April by 6.8% in the 2nd quarter. Raymond James Financial Inc. now owns 258,097 shares of the company’s stock valued at $10,889,000 after purchasing an additional 16,543 shares during the period. Jane Street Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter valued at $655,000. Finally, Modern Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter valued at $397,000.
About FT Vest U.S. Equity Buffer ETF – April
The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) 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. FAPR was launched on Apr 16, 2021 and is managed by First Trust.