Hanlon Investment Management Inc. Invests $225,000 in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Hanlon Investment Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,030 shares of the company’s stock, valued at approximately $225,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. FSB Premier Wealth Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 1,027.3% during the second quarter. FSB Premier Wealth Management Inc. now owns 92,047 shares of the company’s stock worth $4,110,000 after purchasing an additional 83,882 shares in the last quarter. Founders Financial Securities LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter valued at $518,000. Laidlaw Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter valued at $201,000. Aptus Capital Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $89,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 6.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 639,454 shares of the company’s stock worth $28,552,000 after buying an additional 41,468 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – May Trading Down 1.1 %

FMAY stock traded down $0.48 during trading hours on Friday, hitting $44.67. 8,361 shares of the stock traded hands. The firm has a market capitalization of $577.58 million, a P/E ratio of 24.26 and a beta of 0.52. The firm has a 50 day moving average of $44.99 and a 200-day moving average of $43.99.

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.