Ameriprise Financial Inc. Invests $527,000 in FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (NYSEARCA:GMAR)

Ameriprise Financial Inc. purchased a new stake in FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (NYSEARCA:GMAR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 14,072 shares of the company’s stock, valued at approximately $527,000. Ameriprise Financial Inc. owned approximately 0.13% of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GMAR. Spire Wealth Management acquired a new position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at approximately $237,000. BostonPremier Wealth LLC acquired a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at approximately $249,000. Stonebridge Financial Group LLC acquired a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at approximately $80,000. Atria Wealth Solutions Inc. acquired a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at approximately $326,000. Finally, Noble Wealth Management PBC acquired a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March in the fourth quarter valued at approximately $793,000.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – March Price Performance

Shares of NYSEARCA GMAR opened at $38.31 on Wednesday. The stock has a fifty day moving average price of $37.02 and a 200 day moving average price of $37.45. FT Cboe Vest U.S. Equity Moderate Buffer ETF – March has a 1-year low of $34.19 and a 1-year high of $40.34. The company has a market cap of $432.14 million, a PE ratio of 24.71 and a beta of 0.41.

About FT Cboe Vest U.S. Equity Moderate Buffer ETF – March

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (GMAR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively managed fund holds options and collateral. GMAR was launched on Mar 17, 2023 and is managed by First Trust.