Avantax Advisory Services Inc. Decreases Position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Avantax Advisory Services Inc. trimmed its holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 36.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 7,220 shares of the company’s stock after selling 4,229 shares during the quarter. Avantax Advisory Services Inc.’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $342,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the 4th quarter worth $27,000. Strategic Blueprint LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 7.6% during the fourth quarter. Strategic Blueprint LLC now owns 9,100 shares of the company’s stock worth $432,000 after purchasing an additional 644 shares during the last quarter. MML Investors Services LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – May by 4.0% during the third quarter. MML Investors Services LLC now owns 18,899 shares of the company’s stock worth $879,000 after purchasing an additional 720 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 13.7% in the 4th quarter. IFP Advisors Inc now owns 7,116 shares of the company’s stock valued at $338,000 after purchasing an additional 857 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 7.2% in the 3rd quarter. HighTower Advisors LLC now owns 19,563 shares of the company’s stock valued at $910,000 after purchasing an additional 1,320 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Trading Down 0.2 %

Shares of FMAY opened at $47.19 on Tuesday. The company’s 50 day simple moving average is $47.76 and its 200-day simple moving average is $47.29. The firm has a market cap of $854.05 million, a PE ratio of 26.27 and a beta of 0.56. FT Vest U.S. Equity Buffer ETF – May has a 12-month low of $42.56 and a 12-month high of $48.89.

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.