FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Trading Down 0.1% – Should You Sell?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR)’s share price dropped 0.1% on Thursday . The stock traded as low as $33.13 and last traded at $33.22. Approximately 7,074 shares traded hands during trading, a decline of 64% from the average daily volume of 19,520 shares. The stock had previously closed at $33.25.

FT Vest Nasdaq-100 Buffer ETF – March Stock Performance

The stock has a market cap of $481.69 million, a P/E ratio of 35.47 and a beta of 0.71. The firm has a 50-day moving average price of $33.08 and a 200-day moving average price of $32.46.

Institutional Trading of FT Vest Nasdaq-100 Buffer ETF – March

A number of hedge funds have recently modified their holdings of QMAR. Sunbelt Securities Inc. increased its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 183.8% in the 3rd quarter. Sunbelt Securities Inc. now owns 12,990 shares of the company’s stock worth $418,000 after acquiring an additional 8,413 shares in the last quarter. Winnow Wealth LLC purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – March in the third quarter worth about $432,000. Advisory Services Network LLC increased its stake in shares of FT Vest Nasdaq-100 Buffer ETF – March by 1.9% during the fourth quarter. Advisory Services Network LLC now owns 34,430 shares of the company’s stock valued at $1,136,000 after purchasing an additional 633 shares in the last quarter. Finally, 1776 Wealth LLC lifted its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – March by 22.4% during the third quarter. 1776 Wealth LLC now owns 39,645 shares of the company’s stock valued at $1,276,000 after purchasing an additional 7,259 shares during the last quarter.

About FT Vest Nasdaq-100 Buffer ETF – March

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.