NovaPoint Capital LLC Decreases Stake in FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR)

NovaPoint Capital LLC lessened its position in shares of FT Vest U.S. Equity Buffer ETF – March (BATS:FMAR) by 3.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 132,209 shares of the company’s stock after selling 4,478 shares during the period. FT Vest U.S. Equity Buffer ETF – March comprises 1.7% of NovaPoint Capital LLC’s investment portfolio, making the stock its 12th biggest holding. NovaPoint Capital LLC owned about 0.74% of FT Vest U.S. Equity Buffer ETF – March worth $5,587,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FMAR. Geneos Wealth Management Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – March by 52.3% in the first quarter. Geneos Wealth Management Inc. now owns 1,354 shares of the company’s stock valued at $53,000 after buying an additional 465 shares during the last quarter. Gilliland Jeter Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – March in the 2nd quarter valued at about $26,000. FSB Premier Wealth Management Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 1.3% during the 2nd quarter. FSB Premier Wealth Management Inc. now owns 55,609 shares of the company’s stock worth $2,257,000 after acquiring an additional 705 shares in the last quarter. NBC Securities Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – March by 59.5% during the 1st quarter. NBC Securities Inc. now owns 2,639 shares of the company’s stock worth $113,000 after acquiring an additional 984 shares in the last quarter. Finally, Legacy Private Trust Co. lifted its stake in FT Vest U.S. Equity Buffer ETF – March by 8.8% during the third quarter. Legacy Private Trust Co. now owns 13,980 shares of the company’s stock worth $591,000 after purchasing an additional 1,132 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – March Price Performance

Shares of FT Vest U.S. Equity Buffer ETF – March stock opened at $42.70 on Friday. The company has a 50 day moving average of $41.69 and a 200 day moving average of $40.47. The stock has a market capitalization of $760.06 million, a price-to-earnings ratio of 23.89 and a beta of 0.49.

About FT Vest U.S. Equity Buffer ETF – March

The FT Cboe Vest U.S. Equity Buffer ETF – March (FMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPY over a specific holding period. The actively-managed fund holds options and collateral. FMAR was launched on Mar 19, 2021 and is managed by First Trust.