World Equity Group Inc. Invests $392,000 in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY)

World Equity Group Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – May (BATS:FMAY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,275 shares of the company’s stock, valued at approximately $392,000.

Other large investors have also recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth $27,000. Barclays PLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the third quarter worth $201,000. Townsquare Capital LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the third quarter worth $202,000. Concurrent Investment Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth $202,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – May in the fourth quarter worth $213,000.

FT Vest U.S. Equity Buffer ETF – May Stock Up 2.3 %

Shares of FMAY stock opened at $48.39 on Monday. The stock has a market capitalization of $625.62 million, a P/E ratio of 24.26 and a beta of 0.52. The stock has a 50-day simple moving average of $48.05 and a two-hundred day simple moving average of $47.03.

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