Envestnet Asset Management Inc. Sells 20,463 Shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Envestnet Asset Management Inc. trimmed its position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (NYSEARCA:GMAY) by 37.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,452 shares of the company’s stock after selling 20,463 shares during the period. Envestnet Asset Management Inc. owned approximately 0.46% of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May worth $1,394,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Anfield Capital Management LLC acquired a new stake in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at approximately $81,000. Evolution Wealth Management Inc. bought a new position in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter worth approximately $200,000. NewEdge Advisors LLC acquired a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May in the second quarter valued at approximately $258,000. Foundations Investment Advisors LLC bought a new stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May in the second quarter worth $259,000. Finally, Gallagher Fiduciary Advisors LLC lifted its position in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 20.1% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 8,076 shares of the company’s stock worth $316,000 after purchasing an additional 1,351 shares in the last quarter.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May Trading Down 0.2%

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May stock opened at $41.62 on Monday. FT Cboe Vest U.S. Equity Moderate Buffer ETF – May has a 1-year low of $32.00 and a 1-year high of $41.78. The company has a fifty day simple moving average of $41.48 and a 200 day simple moving average of $40.85. The company has a market cap of $302.99 million, a P/E ratio of 24.47 and a beta of 0.46.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May Profile

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.