MAI Capital Management Cuts Stock Position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (NYSEARCA:GMAY)

MAI Capital Management reduced its position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (NYSEARCA:GMAY) by 25.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,752 shares of the company’s stock after selling 31,461 shares during the quarter. MAI Capital Management owned 3.42% of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May worth $3,289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 1,784.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 542,435 shares of the company’s stock valued at $18,981,000 after acquiring an additional 513,652 shares during the period. Commonwealth Equity Services LLC boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 468.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 421,473 shares of the company’s stock valued at $14,748,000 after acquiring an additional 347,359 shares during the period. Milestone Asset Management LLC boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 177.2% during the 2nd quarter. Milestone Asset Management LLC now owns 283,549 shares of the company’s stock valued at $9,922,000 after acquiring an additional 181,259 shares during the period. Janney Montgomery Scott LLC boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 1,458.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 176,928 shares of the company’s stock valued at $6,412,000 after acquiring an additional 165,578 shares during the period. Finally, Americana Partners LLC purchased a new stake in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May during the 2nd quarter valued at about $5,651,000.

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

Shares of GMAY stock opened at $36.82 on Wednesday. FT Cboe Vest U.S. Equity Moderate Buffer ETF – May has a 1-year low of $31.87 and a 1-year high of $37.00. The business has a 50-day moving average of $36.31 and a 200 day moving average of $35.41.

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.