FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Sets New 1-Year High – Still a Buy?
by Amy Steele · The Cerbat GemFT Vest U.S. Equity Buffer ETF – March (BATS:FMAR – Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $51.04 and last traded at $51.04, with a volume of 18582 shares changing hands. The stock had previously closed at $50.78.
FT Vest U.S. Equity Buffer ETF – March Price Performance
The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59. The stock has a fifty day moving average of $48.60 and a two-hundred day moving average of $47.63.
Institutional Trading of FT Vest U.S. Equity Buffer ETF – March
Institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – March by 20.8% during the second quarter. Osaic Holdings Inc. now owns 131,297 shares of the company’s stock valued at $5,810,000 after acquiring an additional 22,626 shares during the last quarter. Assetmark Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – March by 13.8% during the third quarter. Assetmark Inc. now owns 233,611 shares of the company’s stock valued at $10,837,000 after acquiring an additional 28,287 shares during the last quarter. Signal Advisors Wealth LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – March during the first quarter valued at $733,000. IFP Advisors Inc boosted its position in 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 valued at $165,000 after acquiring an additional 446 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in FT Vest U.S. Equity Buffer ETF – March during the fourth quarter valued at $39,000.
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.