FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $45.39 and traded as high as $47.70. FT Vest U.S. Equity Buffer ETF – May shares last traded at $47.65, with a volume of 9,322 shares trading hands.

FT Vest U.S. Equity Buffer ETF – May Trading Up 0.1 %

The firm has a market cap of $615.73 million, a price-to-earnings ratio of 24.26 and a beta of 0.52. The company has a fifty day moving average price of $46.76 and a 200-day moving average price of $45.39.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 461.6% during the second quarter. Envestnet Asset Management Inc. now owns 295,613 shares of the company’s stock valued at $13,199,000 after acquiring an additional 242,971 shares during the last quarter. WESPAC Advisors SoCal LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at $9,740,000. Cetera Investment Advisers boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 142.2% during the 2nd quarter. Cetera Investment Advisers now owns 292,172 shares of the company’s stock worth $13,045,000 after purchasing an additional 171,517 shares during the last quarter. Raymond James & Associates grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 359.6% during the second quarter. Raymond James & Associates now owns 134,380 shares of the company’s stock worth $6,000,000 after buying an additional 105,141 shares in the last quarter. Finally, Clear Creek Financial Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the second quarter valued at about $4,541,000.

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

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.