AE Wealth Management LLC Purchases 894 Shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

AE Wealth Management LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 18.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,831 shares of the company’s stock after acquiring an additional 894 shares during the period. AE Wealth Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in FMAY. Freedom Investment Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth $29,943,000. Envestnet Asset Management Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – May by 461.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 295,613 shares of the company’s stock worth $13,199,000 after acquiring an additional 242,971 shares during the period. McCarthy & Cox bought a new position in FT Vest U.S. Equity Buffer ETF – May during the 1st quarter worth $10,082,000. WESPAC Advisors SoCal LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May during the 2nd quarter worth $9,740,000. Finally, SageView Advisory Group LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 4th quarter valued at $5,020,000.

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

Shares of FMAY stock opened at $46.39 on Friday. The firm has a fifty day simple moving average of $45.21 and a two-hundred day simple moving average of $44.32. The firm has a market cap of $599.82 million, a P/E 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.