McCarthy & Cox Lowers Stock Position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

McCarthy & Cox reduced its position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 238,927 shares of the company’s stock after selling 1,127 shares during the period. FT Vest U.S. Equity Buffer ETF – May accounts for approximately 3.9% of McCarthy & Cox’s investment portfolio, making the stock its 10th largest holding. McCarthy & Cox’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $11,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of FMAY. Envestnet Asset Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – May by 461.6% in the second quarter. Envestnet Asset Management Inc. now owns 295,613 shares of the company’s stock worth $13,199,000 after purchasing an additional 242,971 shares during the last quarter. AE Wealth Management LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 18.1% in the 2nd quarter. AE Wealth Management LLC now owns 5,831 shares of the company’s stock worth $260,000 after purchasing an additional 894 shares during the period. Clear Point Advisors Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the second quarter worth approximately $2,032,000. NewEdge Advisors LLC grew its position 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 period. Finally, B. Riley Wealth Advisors Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 38.1% during the second quarter. B. Riley Wealth Advisors Inc. now owns 16,008 shares of the company’s stock valued at $715,000 after buying an additional 4,418 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – May Stock Up 1.6 %

Shares of FT Vest U.S. Equity Buffer ETF – May stock opened at $48.07 on Monday. The stock’s fifty day simple moving average is $47.68 and its two-hundred day simple moving average is $46.39. The stock has a market cap of $621.55 million, a PE ratio of 24.26 and a beta of 0.52.

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.