Cary Street Partners Investment Advisory LLC Lowers Stock Holdings in FT Cboe Vest U.S. Equity Buffer ETF May (BATS:FMAY)

Cary Street Partners Investment Advisory LLC lessened its position in FT Cboe Vest U.S. Equity Buffer ETF May (BATS:FMAY) by 82.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,538 shares of the company’s stock after selling 44,782 shares during the quarter. Cary Street Partners Investment Advisory LLC owned approximately 0.09% of FT Cboe Vest U.S. Equity Buffer ETF May worth $372,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James & Associates grew its stake in shares of FT Cboe Vest U.S. Equity Buffer ETF May by 41.0% in the second quarter. Raymond James & Associates now owns 29,983 shares of the company’s stock worth $1,168,000 after acquiring an additional 8,715 shares in the last quarter. Foundations Investment Advisors LLC acquired a new position in FT Cboe Vest U.S. Equity Buffer ETF May during the 2nd quarter worth $613,000. Darwin Wealth Management LLC purchased a new stake in FT Cboe Vest U.S. Equity Buffer ETF May during the 2nd quarter worth about $213,000. Atria Wealth Solutions Inc. raised its position in FT Cboe Vest U.S. Equity Buffer ETF May by 48.4% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 19,613 shares of the company’s stock valued at $764,000 after purchasing an additional 6,401 shares in the last quarter. Finally, Lincoln National Corp purchased a new position in shares of FT Cboe Vest U.S. Equity Buffer ETF May in the 2nd quarter valued at about $252,000.

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

Shares of FT Cboe Vest U.S. Equity Buffer ETF May stock opened at $40.00 on Tuesday. The stock’s 50 day moving average is $38.65 and its 200-day moving average is $38.58. The firm has a market capitalization of $478 million, a P/E ratio of 21.77 and a beta of 0.56.

FT Cboe 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.