JPMorgan Chase & Co. Makes New $506,000 Investment in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

JPMorgan Chase & Co. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,873 shares of the company’s stock, valued at approximately $506,000. JPMorgan Chase & Co. owned 0.08% of FT Vest U.S. Equity Buffer ETF – May as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 11.4% during the second quarter. NewEdge Advisors LLC now owns 49,170 shares of the company’s stock valued at $2,195,000 after buying an additional 5,013 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 38.1% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 16,008 shares of the company’s stock valued at $715,000 after acquiring an additional 4,418 shares during the last quarter. Truist Financial Corp grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 7.8% in the second quarter. Truist Financial Corp now owns 20,024 shares of the company’s stock valued at $894,000 after purchasing an additional 1,449 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 142.2% in the second quarter. Cetera Investment Advisers now owns 292,172 shares of the company’s stock valued at $13,045,000 after purchasing an additional 171,517 shares in the last quarter. Finally, New Wave Wealth Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May in the second quarter worth $1,384,000.

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

Shares of BATS FMAY opened at $48.40 on Wednesday. The stock has a market cap of $625.75 million, a PE ratio of 24.26 and a beta of 0.52. The firm’s 50-day simple moving average is $47.81 and its 200-day simple moving average is $46.55.

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