FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) Hits New 52-Week High – Should You Buy?

by · The Cerbat Gem

FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $52.25 and last traded at $52.06, with a volume of 12407 shares trading hands. The stock had previously closed at $51.96.

FT Vest U.S. Equity Buffer ETF – March Price Performance

The company’s 50 day moving average is $50.25 and its 200 day moving average is $48.44. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 23.86 and a beta of 0.59.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – March

Hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 16.2% during the 4th quarter. Assetmark Inc. now owns 271,438 shares of the company’s stock valued at $12,884,000 after acquiring an additional 37,827 shares in the last quarter. IMC Chicago LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – March during the 4th quarter valued at about $562,000. Goldenstone Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – March during the 4th quarter valued at about $476,000. RFG Advisory LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 27.2% during the 3rd quarter. RFG Advisory LLC now owns 12,884 shares of the company’s stock valued at $598,000 after acquiring an additional 2,755 shares in the last quarter. Finally, REAP Financial Group LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 5.8% during the 3rd quarter. REAP Financial Group LLC now owns 128,656 shares of the company’s stock valued at $5,968,000 after acquiring an additional 7,046 shares in the last quarter.

About FT Vest U.S. Equity Buffer ETF – March

(Get Free Report)

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.

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