Wealthgarden F.S. LLC Invests $519,000 in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Wealthgarden F.S. LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,938 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds have also recently modified their holdings of the business. Allworth Financial LP purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the fourth quarter valued at $27,000. Barclays PLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter valued at $201,000. Townsquare Capital LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter valued at $202,000. Concurrent Investment Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the fourth quarter valued at $202,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the fourth quarter valued at $213,000.

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

Shares of FMAY opened at $48.39 on Friday. The stock has a 50 day moving average of $48.05 and a 200-day moving average of $47.01. The stock has a market capitalization of $625.62 million, a PE 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.