Advisor Resource Council Reduces Stock Position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Advisor Resource Council cut its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 60.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,432 shares of the company’s stock after selling 19,310 shares during the quarter. Advisor Resource Council owned approximately 0.10% of FT Vest U.S. Equity Buffer ETF – May worth $515,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FMAY. Envestnet Asset Management Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 33.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 170,302 shares of the company’s stock worth $6,523,000 after purchasing an additional 42,481 shares during the last quarter. LPL Financial LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 358.4% in the 3rd quarter. LPL Financial LLC now owns 94,083 shares of the company’s stock valued at $3,603,000 after acquiring an additional 73,558 shares during the last quarter. FOCUS Wealth Advisors LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 0.9% in the 4th quarter. FOCUS Wealth Advisors LLC now owns 384,851 shares of the company’s stock valued at $15,948,000 after acquiring an additional 3,366 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 745.7% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 685,319 shares of the company’s stock valued at $28,400,000 after acquiring an additional 604,285 shares during the last quarter. Finally, MBL Wealth LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 4th quarter valued at approximately $1,025,000.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.2 %

Shares of BATS FMAY opened at $45.00 on Friday. The company has a market cap of $581.85 million, a P/E ratio of 24.26 and a beta of 0.52. The firm has a fifty day moving average price of $44.00 and a 200 day moving average price of $42.95.

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.