Envestnet Asset Management Inc. Decreases Stake in FT Vest U.S. Equity Buffer ETF – May $FMAY

Envestnet Asset Management Inc. lessened its position in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 79.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 106,367 shares of the company’s stock after selling 424,140 shares during the period. Envestnet Asset Management Inc. owned about 0.57% of FT Vest U.S. Equity Buffer ETF – May worth $5,557,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Cetera Investment Advisers grew its position in shares of FT Vest U.S. Equity Buffer ETF – May by 267.4% in the 2nd quarter. Cetera Investment Advisers now owns 378,358 shares of the company’s stock valued at $18,929,000 after buying an additional 275,383 shares during the last quarter. CreativeOne Wealth LLC lifted its position in FT Vest U.S. Equity Buffer ETF – May by 2,289.0% in the second quarter. CreativeOne Wealth LLC now owns 115,626 shares of the company’s stock valued at $5,785,000 after purchasing an additional 110,786 shares during the period. Osaic Holdings Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – May by 93.6% in the second quarter. Osaic Holdings Inc. now owns 170,819 shares of the company’s stock valued at $8,443,000 after buying an additional 82,573 shares in the last quarter. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – May by 30.8% during the 2nd quarter. Assetmark Inc. now owns 184,560 shares of the company’s stock worth $9,234,000 after purchasing an additional 43,491 shares in the last quarter. Finally, Atria Investments Inc acquired a new position in FT Vest U.S. Equity Buffer ETF – May during the second quarter worth about $2,071,000.

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

Shares of FMAY stock opened at $53.88 on Monday. The stock has a market cap of $1.01 billion, a PE ratio of 23.87 and a beta of 0.57. FT Vest U.S. Equity Buffer ETF – May has a 1 year low of $42.24 and a 1 year high of $54.10. The stock has a fifty day moving average price of $53.61 and a 200 day moving average price of $52.64.

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.