New Wave Wealth Advisors LLC Has $196,000 Position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

New Wave Wealth Advisors LLC reduced its holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 63.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,141 shares of the company’s stock after selling 7,132 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $196,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in FMAY. Jane Street Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – May during the third quarter worth about $969,000. Cetera Investment Advisers grew its position in FT Vest U.S. Equity Buffer ETF – May by 142.2% during the second quarter. Cetera Investment Advisers now owns 292,172 shares of the company’s stock worth $13,045,000 after buying an additional 171,517 shares in the last quarter. Brookstone Capital Management grew its position in FT Vest U.S. Equity Buffer ETF – May by 52.0% during the third quarter. Brookstone Capital Management now owns 16,082 shares of the company’s stock worth $748,000 after buying an additional 5,500 shares in the last quarter. Legacy Private Trust Co. grew its position in FT Vest U.S. Equity Buffer ETF – May by 7.4% during the third quarter. Legacy Private Trust Co. now owns 5,705 shares of the company’s stock worth $265,000 after buying an additional 391 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in FT Vest U.S. Equity Buffer ETF – May by 11.4% during the second quarter. NewEdge Advisors LLC now owns 49,170 shares of the company’s stock worth $2,195,000 after buying an additional 5,013 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – May Trading Up 2.1 %

FMAY stock opened at $48.31 on Friday. The firm has a market capitalization of $624.58 million, a P/E ratio of 24.26 and a beta of 0.52. The business’s fifty day moving average price is $47.85 and its 200-day moving average price is $46.57.

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.