Foundations Investment Advisors LLC Invests $305,000 in FT Vest U.S. Equity Buffer ETF – May $FMAY

Foundations Investment Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 6,094 shares of the company’s stock, valued at approximately $305,000.

Several other large investors have also modified their holdings of FMAY. Truist Financial Corp increased its holdings in FT Vest U.S. Equity Buffer ETF – May by 8.8% in the second quarter. Truist Financial Corp now owns 12,623 shares of the company’s stock valued at $632,000 after buying an additional 1,019 shares during the last quarter. Financial Network Wealth Advisors LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – May by 48.4% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 3,562 shares of the company’s stock worth $164,000 after buying an additional 1,161 shares during the last quarter. NorthRock Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 1st quarter worth approximately $65,000. Novem Group increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 30.8% in the 2nd quarter. Novem Group now owns 6,364 shares of the company’s stock valued at $318,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Ignite Planners LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 2.2% in the 2nd quarter. Ignite Planners LLC now owns 71,257 shares of the company’s stock valued at $3,593,000 after acquiring an additional 1,500 shares during the last quarter.

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

FMAY stock opened at $51.74 on Friday. FT Vest U.S. Equity Buffer ETF – May has a 12-month low of $42.24 and a 12-month high of $50.79. The stock’s 50 day simple moving average is $52.27 and its 200 day simple moving average is $50.68. The firm has a market cap of $970.20 million, a P/E ratio of 23.87 and a beta of 0.57.

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.