FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Reaches New 52-Week High – Time to Buy?
by Scott Moore · The Cerbat GemFT Vest U.S. Equity Buffer ETF – March (BATS:FMAR – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $51.92 and last traded at $51.92, with a volume of 4588 shares changing hands. The stock had previously closed at $51.75.
FT Vest U.S. Equity Buffer ETF – March Price Performance
The stock’s 50 day simple moving average is $50.09 and its two-hundred day simple moving average is $48.35. The stock has a market cap of $1.04 billion, a P/E ratio of 23.86 and a beta of 0.59.
Institutional Trading of FT Vest U.S. Equity Buffer ETF – March
A number of institutional investors have recently made changes to their positions in the business. Centaurus Financial Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 143.3% in the first quarter. Centaurus Financial Inc. now owns 15,444 shares of the company’s stock worth $749,000 after purchasing an additional 9,096 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the first quarter worth $202,000. Sunbelt Securities Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 38.4% in the first quarter. Sunbelt Securities Inc. now owns 6,209 shares of the company’s stock worth $301,000 after purchasing an additional 1,723 shares in the last quarter. Royal Bank of Canada lifted its position in shares of FT Vest U.S. Equity Buffer ETF – March by 1.5% in the first quarter. Royal Bank of Canada now owns 37,635 shares of the company’s stock worth $1,825,000 after purchasing an additional 570 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the first quarter worth $346,000.
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.