Envestnet Asset Management Inc. Trims Stock Position in FT Cboe Vest U.S. Equity Buffer ETF May (BATS:FMAY)

Envestnet Asset Management Inc. cut its stake in shares of FT Cboe Vest U.S. Equity Buffer ETF May (BATS:FMAY) by 7.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 234,701 shares of the company’s stock after selling 19,500 shares during the period. Envestnet Asset Management Inc. owned approximately 2.41% of FT Cboe Vest U.S. Equity Buffer ETF May worth $8,644,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Altfest L J & Co. Inc. acquired a new stake in FT Cboe Vest U.S. Equity Buffer ETF May during the 1st quarter valued at $28,064,000. AE Wealth Management LLC grew its holdings in FT Cboe Vest U.S. Equity Buffer ETF May by 23.9% during the 1st quarter. AE Wealth Management LLC now owns 542,540 shares of the company’s stock valued at $19,982,000 after buying an additional 104,639 shares during the last quarter. LPL Financial LLC grew its holdings in FT Cboe Vest U.S. Equity Buffer ETF May by 366.0% during the 4th quarter. LPL Financial LLC now owns 60,572 shares of the company’s stock valued at $2,130,000 after buying an additional 47,575 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in FT Cboe Vest U.S. Equity Buffer ETF May by 145.7% during the 4th quarter. Integrated Wealth Concepts LLC now owns 46,460 shares of the company’s stock valued at $1,634,000 after buying an additional 27,548 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in FT Cboe Vest U.S. Equity Buffer ETF May by 5.4% during the 1st quarter. Commonwealth Equity Services LLC now owns 476,506 shares of the company’s stock valued at $17,549,000 after buying an additional 24,342 shares during the last quarter.

FT Cboe Vest U.S. Equity Buffer ETF May Trading Down 0.4 %

Shares of BATS:FMAY opened at $39.26 on Thursday. The company’s 50 day moving average is $39.15 and its two-hundred day moving average is $37.70. The firm has a market cap of $469.16 million, a PE ratio of 21.77 and a beta of 0.56.

FT Cboe 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.