FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Sets New 1-Year High – Should You Buy?
by Jessica Moore · The Cerbat GemFT Vest U.S. Equity Buffer ETF – April (BATS:FAPR – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $46.74 and last traded at $46.74, with a volume of 4229 shares. The stock had previously closed at $46.58.
FT Vest U.S. Equity Buffer ETF – April Trading Up 0.2%
The firm has a market cap of $910.26 million, a price-to-earnings ratio of 24.36 and a beta of 0.60. The company has a 50 day moving average of $45.53 and a 200 day moving average of $44.79.
Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – April
Several hedge funds have recently modified their holdings of FAPR. Gateway Wealth Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – April during the first quarter valued at approximately $343,000. Assetmark Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 9.5% during the 1st quarter. Assetmark Inc. now owns 316,799 shares of the company’s stock worth $14,226,000 after purchasing an additional 27,451 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – April in the 1st quarter valued at approximately $1,296,000. Kestra Advisory Services LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – April by 10.1% in the 1st quarter. Kestra Advisory Services LLC now owns 94,370 shares of the company’s stock valued at $4,238,000 after buying an additional 8,674 shares during the last quarter. Finally, SMART Wealth LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – April by 9.2% in the first quarter. SMART Wealth LLC now owns 41,672 shares of the company’s stock valued at $1,871,000 after buying an additional 3,518 shares in the last quarter.
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.