Truist Financial Corp Increases Stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

Truist Financial Corp lifted its stake in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) by 7.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,024 shares of the company’s stock after buying an additional 1,449 shares during the quarter. Truist Financial Corp owned approximately 0.15% of FT Vest U.S. Equity Buffer ETF – May worth $894,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth approximately $51,000. Aptus Capital Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at $89,000. Laidlaw Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at $201,000. Strategic Blueprint LLC bought a new position in FT Vest U.S. Equity Buffer ETF – May during the second quarter valued at $221,000. Finally, Hanlon Investment Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – May in the 2nd quarter worth $225,000.

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

Shares of BATS FMAY opened at $46.85 on Tuesday. The stock has a market cap of $605.77 million, a PE ratio of 24.26 and a beta of 0.52. The firm’s 50-day simple moving average is $45.61 and its 200-day simple moving average is $44.59.

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.