FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) Stock Price Up 5.7% – Time to Buy?

FT Vest Nasdaq-100 Buffer ETF – March (BATS:QMAR) shares rose 5.7% during mid-day trading on Monday . The stock traded as high as $31.08 and last traded at $32.7550. Approximately 1,500 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 31,775 shares. The stock had previously closed at $30.9916.

FT Vest Nasdaq-100 Buffer ETF – March Trading Up 5.7%

The stock has a market cap of $474.95 million, a P/E ratio of 35.47 and a beta of 0.71. The firm has a 50-day simple moving average of $32.44 and a two-hundred day simple moving average of $31.71.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – March

Hedge funds and other institutional investors have recently modified their holdings of the business. Sunbelt Securities Inc. grew its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – March by 183.8% during the third quarter. Sunbelt Securities Inc. now owns 12,990 shares of the company’s stock worth $418,000 after purchasing an additional 8,413 shares during the last quarter. Winnow Wealth LLC bought a new stake in shares of FT Vest Nasdaq-100 Buffer ETF – March in the third quarter worth $432,000. Finally, 1776 Wealth LLC increased its holdings in FT Vest Nasdaq-100 Buffer ETF – March by 22.4% in the third quarter. 1776 Wealth LLC now owns 39,645 shares of the company’s stock valued at $1,276,000 after purchasing an additional 7,259 shares during the period.

FT Vest Nasdaq-100 Buffer ETF – March Company Profile

The FT Cboe Vest Nasdaq-100 Buffer ETF – March (QMAR) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holding period. The actively-managed fund holds options and collateral. QMAR was launched on Mar 19, 2021 and is managed by First Trust.