New Wave Wealth Advisors LLC Makes New $1.38 Million Investment in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

New Wave Wealth Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 31,005 shares of the company’s stock, valued at approximately $1,384,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of FMAY. Ashton Thomas Private Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth about $51,000. Aptus Capital Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth approximately $89,000. Laidlaw Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth approximately $201,000. Arbor Capital Management Inc. ADV acquired a new position in FT Vest U.S. Equity Buffer ETF – May in the 4th quarter valued at $202,000. Finally, Strategic Blueprint LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at $221,000.

FT Vest U.S. Equity Buffer ETF – May Stock Up 0.3 %

FMAY stock opened at $46.51 on Tuesday. The firm has a market capitalization of $601.37 million, a PE ratio of 24.26 and a beta of 0.52. The business’s 50-day simple moving average is $45.23 and its two-hundred day simple moving average is $44.36.

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.