121,127 Shares in FT Vest U.S. Equity Buffer ETF May (BATS:FMAY) Acquired by SageView Advisory Group LLC

SageView Advisory Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF May (BATS:FMAY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 121,127 shares of the company’s stock, valued at approximately $5,020,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF May by 745.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 685,319 shares of the company’s stock valued at $28,400,000 after buying an additional 604,285 shares in the last quarter. FOCUS Wealth Advisors LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF May by 0.9% during the 4th quarter. FOCUS Wealth Advisors LLC now owns 384,851 shares of the company’s stock worth $15,948,000 after purchasing an additional 3,366 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF May by 33.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 170,302 shares of the company’s stock valued at $6,523,000 after purchasing an additional 42,481 shares in the last quarter. LPL Financial LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF May by 358.4% in the third quarter. LPL Financial LLC now owns 94,083 shares of the company’s stock valued at $3,603,000 after purchasing an additional 73,558 shares during the period. Finally, Advisor Resource Council grew its position in FT Vest U.S. Equity Buffer ETF May by 18.3% during the fourth quarter. Advisor Resource Council now owns 31,742 shares of the company’s stock worth $1,315,000 after buying an additional 4,902 shares during the period.

FT Vest U.S. Equity Buffer ETF May Trading Down 0.6 %

Shares of FMAY stock traded down $0.26 during midday trading on Thursday, reaching $43.50. 176,691 shares of the company traded hands. The business’s fifty day moving average price is $43.30 and its 200 day moving average price is $42.04. The stock has a market cap of $562.46 million, a price-to-earnings ratio of 24.26 and a beta of 0.52.

About FT Vest U.S. Equity Buffer ETF May

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.