TFB Advisors LLC Buys New Position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

TFB Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,819 shares of the company’s stock, valued at approximately $349,000. TFB Advisors LLC owned 0.06% of FT Vest U.S. Equity Buffer ETF – May as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Freedom Investment Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 4th quarter valued at approximately $29,943,000. McCarthy & Cox acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the first quarter valued at $10,082,000. WESPAC Advisors SoCal LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth about $9,740,000. SageView Advisory Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth about $5,020,000. Finally, Raymond James & Associates grew its stake in FT Vest U.S. Equity Buffer ETF – May by 359.6% during the 2nd quarter. Raymond James & Associates now owns 134,380 shares of the company’s stock valued at $6,000,000 after acquiring an additional 105,141 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.6 %

Shares of FMAY opened at $45.89 on Friday. The firm has a fifty day simple moving average of $44.93 and a 200-day simple moving average of $43.89. The firm has a market cap of $593.36 million, a P/E ratio of 24.26 and a beta of 0.52.

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.