Raymond James & Associates Cuts Stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Raymond James & Associates lessened its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,440 shares of the company’s stock after selling 7,940 shares during the period. Raymond James & Associates owned approximately 0.98% of FT Vest U.S. Equity Buffer ETF – May worth $5,881,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – May by 461.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 295,613 shares of the company’s stock worth $13,199,000 after purchasing an additional 242,971 shares in the last quarter. WESPAC Advisors SoCal LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at $9,740,000. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 142.2% during the second quarter. Cetera Investment Advisers now owns 292,172 shares of the company’s stock valued at $13,045,000 after buying an additional 171,517 shares during the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at $4,541,000. Finally, CWM LLC lifted its position in FT Vest U.S. Equity Buffer ETF – May by 97.1% during the 2nd quarter. CWM LLC now owns 183,862 shares of the company’s stock worth $8,209,000 after acquiring an additional 90,558 shares during the period.

FT Vest U.S. Equity Buffer ETF – May Trading Down 1.0 %

FT Vest U.S. Equity Buffer ETF – May stock opened at $46.33 on Friday. The stock has a market cap of $599.05 million, a price-to-earnings ratio of 24.26 and a beta of 0.52. The stock has a 50 day moving average of $46.14 and a 200 day moving average of $44.89.

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.