Envestnet Asset Management Inc. Trims Stock Position in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)

Envestnet Asset Management Inc. cut its stake in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) by 0.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 202,504 shares of the company’s stock after selling 1,137 shares during the period. Envestnet Asset Management Inc. owned about 1.03% of FT Vest U.S. Equity Buffer ETF – March worth $8,546,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Grantvest Financial Group LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the fourth quarter valued at about $370,000. JPMorgan Chase & Co. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 144.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,231 shares of the company’s stock valued at $140,000 after buying an additional 1,911 shares during the last quarter. Wells Fargo & Company MN purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the fourth quarter valued at about $36,000. Advisory Services Network LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – March in the fourth quarter valued at about $1,275,000. Finally, Summit Investment Advisors Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – March by 11.8% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,360 shares of the company’s stock valued at $102,000 after buying an additional 250 shares during the last quarter.

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

BATS FMAR opened at $45.14 on Tuesday. The business has a 50 day moving average price of $44.13 and a 200 day moving average price of $43.18. The company has a market capitalization of $899.54 million, a P/E ratio of 23.86 and a beta of 0.59. FT Vest U.S. Equity Buffer ETF – March has a 1-year low of $38.13 and a 1-year high of $45.26.

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

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) 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. FMAR was launched on Mar 19, 2021 and is managed by First Trust.