Envestnet Asset Management Inc. Has $1.39 Million Position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Envestnet Asset Management Inc. trimmed its position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (NYSEARCA:GMAY) by 37.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,452 shares of the company’s stock after selling 20,463 shares during the period. Envestnet Asset Management Inc.’s holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of GMAY. IMC Chicago LLC acquired a new position in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May in the third quarter valued at about $468,000. NorthCrest Asset Manangement LLC boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 4.8% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 10,156 shares of the company’s stock valued at $412,000 after purchasing an additional 465 shares during the period. CoreCap Advisors LLC boosted its holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 4.3% in the 3rd quarter. CoreCap Advisors LLC now owns 8,414 shares of the company’s stock valued at $341,000 after purchasing an additional 344 shares during the period. Founders Financial Securities LLC grew its position in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 13.8% during the 3rd quarter. Founders Financial Securities LLC now owns 29,199 shares of the company’s stock worth $1,182,000 after purchasing an additional 3,533 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 112.0% during the second quarter. Osaic Holdings Inc. now owns 304,080 shares of the company’s stock worth $11,905,000 after purchasing an additional 160,673 shares during the period.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May Trading Down 0.2%

NYSEARCA GMAY opened at $41.62 on Monday. The company has a market cap of $302.99 million, a price-to-earnings ratio of 24.47 and a beta of 0.46. The company has a 50 day moving average of $41.48 and a 200-day moving average of $40.85. FT Cboe Vest U.S. Equity Moderate Buffer ETF – May has a 1-year low of $32.00 and a 1-year high of $41.78.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May Profile

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (GMAY) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GMAY was launched on May 19, 2023 and is managed by First Trust.