HighTower Advisors LLC Sells 1,915 Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

HighTower Advisors LLC cut its holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,648 shares of the company’s stock after selling 1,915 shares during the period. HighTower Advisors LLC owned approximately 0.14% of FT Vest U.S. Equity Buffer ETF – May worth $837,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FMAY. Allworth Financial LP acquired a new stake in FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth $27,000. Barclays PLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 3rd quarter valued at about $201,000. Townsquare Capital LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May in the 3rd quarter valued at about $202,000. Concurrent Investment Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth approximately $202,000. Finally, U.S. Capital Wealth Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth approximately $213,000.

FT Vest U.S. Equity Buffer ETF – May Stock Down 1.0 %

Shares of FMAY opened at $46.81 on Friday. The business’s fifty day moving average is $47.73 and its 200 day moving average is $47.30. FT Vest U.S. Equity Buffer ETF – May has a 12-month low of $42.56 and a 12-month high of $48.89. The stock has a market cap of $847.28 million, a P/E ratio of 26.27 and a beta of 0.56.

FT Vest U.S. Equity Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – May (FMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FMAY was launched on May 15, 2020 and is managed by First Trust.