FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR) Stock Crosses Above 200 Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – April (BATS:FAPR)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.62 and traded as high as $41.36. FT Vest U.S. Equity Buffer ETF – April shares last traded at $41.34, with a volume of 7,568 shares traded.

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

The stock has a 50-day simple moving average of $40.69 and a 200 day simple moving average of $39.62. The stock has a market capitalization of $587.03 million, a P/E ratio of 24.72 and a beta of 0.53.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FAPR. Benjamin F. Edwards & Company Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April in the 2nd quarter valued at $35,000. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – April in the third quarter valued at about $110,000. Barclays PLC bought a new position in FT Vest U.S. Equity Buffer ETF – April during the third quarter worth about $115,000. SOA Wealth Advisors LLC. boosted its holdings in FT Vest U.S. Equity Buffer ETF – April by 38.6% during the second quarter. SOA Wealth Advisors LLC. now owns 4,430 shares of the company’s stock worth $173,000 after buying an additional 1,233 shares during the last quarter. Finally, Hanlon Investment Management Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – April during the 2nd quarter worth about $202,000.

FT Vest U.S. Equity Buffer ETF – April Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – April (FAPR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FAPR was launched on Apr 16, 2021 and is managed by First Trust.