Harbour Investments Inc. Cuts Stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Harbour Investments Inc. cut its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 8.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,220 shares of the company’s stock after selling 2,596 shares during the quarter. Harbour Investments Inc. owned 0.21% of FT Vest U.S. Equity Buffer ETF – May worth $1,215,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Arbor Capital Management Inc. ADV purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May during the fourth quarter valued at about $202,000. Stonebridge Financial Planning Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 4th quarter worth approximately $205,000. ForthRight Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at approximately $269,000. Foguth Wealth Management LLC. purchased a new stake in FT Vest U.S. Equity Buffer ETF – May in the second quarter worth $302,000. Finally, HBW Advisory Services LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth about $307,000.

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

Shares of BATS:FMAY traded up $0.04 on Wednesday, hitting $45.74. 16,155 shares of the company traded hands. The business has a 50 day moving average price of $44.87 and a 200 day moving average price of $43.85. The company has a market capitalization of $591.42 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.