Assetmark Inc. Acquires 24,342 Shares of FT Vest U.S. Equity Buffer ETF – May $FMAY

Assetmark Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 13.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 208,902 shares of the company’s stock after acquiring an additional 24,342 shares during the quarter. Assetmark Inc. owned 1.11% of FT Vest U.S. Equity Buffer ETF – May worth $10,914,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FMAY. Ignite Planners LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – May by 2.2% during the 2nd quarter. Ignite Planners LLC now owns 71,257 shares of the company’s stock valued at $3,593,000 after purchasing an additional 1,500 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter valued at approximately $213,000. RFG Advisory LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May in the second quarter valued at approximately $463,000. Mutual Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May during the second quarter worth $301,000. Finally, Brookstone Capital Management grew its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 117.4% during the second quarter. Brookstone Capital Management now owns 16,700 shares of the company’s stock worth $836,000 after buying an additional 9,017 shares during the last quarter.

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

Shares of FMAY opened at $53.61 on Monday. FT Vest U.S. Equity Buffer ETF – May has a 52 week low of $42.24 and a 52 week high of $54.10. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 23.87 and a beta of 0.57. The stock has a fifty day moving average of $53.55 and a 200-day moving average of $52.53.

FT Vest U.S. Equity Buffer ETF – May 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.