Hanlon Investment Management Inc. Invests $225,000 in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Hanlon Investment Management Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,030 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – May by 44.6% in the second quarter. Concourse Financial Group Securities Inc. now owns 17,426 shares of the company’s stock worth $778,000 after purchasing an additional 5,378 shares during the period. Commonwealth Equity Services LLC raised its stake in FT Vest U.S. Equity Buffer ETF – May by 6.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 639,454 shares of the company’s stock worth $28,552,000 after buying an additional 41,468 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – May by 9.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 30,526 shares of the company’s stock worth $1,265,000 after acquiring an additional 2,554 shares in the last quarter. FOCUS Wealth Advisors LLC grew its stake in FT Vest U.S. Equity Buffer ETF – May by 19.6% in the first quarter. FOCUS Wealth Advisors LLC now owns 460,115 shares of the company’s stock valued at $19,886,000 after acquiring an additional 75,264 shares during the period. Finally, Brookstone Capital Management bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the second quarter worth about $479,000.

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

Shares of BATS FMAY traded down $0.48 during mid-day trading on Friday, reaching $44.67. 8,361 shares of the company’s stock were exchanged. The stock has a market capitalization of $577.58 million, a price-to-earnings ratio of 24.26 and a beta of 0.52. The firm’s fifty day moving average is $44.99 and its two-hundred day moving average is $43.99.

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.