FOCUS Wealth Advisors LLC Has $19.89 Million Stock Holdings in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

FOCUS Wealth Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 19.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 460,115 shares of the company’s stock after acquiring an additional 75,264 shares during the quarter. FT Vest U.S. Equity Buffer ETF – May makes up 10.6% of FOCUS Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. FOCUS Wealth Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – May were worth $19,886,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FMAY. Arbor Capital Management Inc. ADV purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth $202,000. Stonebridge Financial Planning Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at about $205,000. Atria Wealth Solutions Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – May by 11.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 22,268 shares of the company’s stock valued at $923,000 after acquiring an additional 2,347 shares during the period. MBL Wealth LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May in the fourth quarter valued at about $1,025,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – May in the third quarter valued at about $1,071,000.

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

FMAY stock traded down $0.09 during trading on Friday, reaching $44.53. The stock had a trading volume of 20,034 shares. The firm’s 50 day moving average is $43.70 and its 200 day moving average is $42.70. The company has a market capitalization of $575.77 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.