Archer Investment Corp Sells 12,140 Shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May $GMAY

Archer Investment Corp reduced its holdings in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May (NYSEARCA:GMAY) by 84.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,206 shares of the company’s stock after selling 12,140 shares during the quarter. Archer Investment Corp’s holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May were worth $89,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. NorthCrest Asset Manangement LLC increased its position in FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 4.8% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 10,156 shares of the company’s stock worth $412,000 after purchasing an additional 465 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 4.3% during the third quarter. CoreCap Advisors LLC now owns 8,414 shares of the company’s stock worth $341,000 after buying an additional 344 shares during the last quarter. Founders Financial Securities LLC increased its holdings in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May by 13.8% during the third quarter. Founders Financial Securities LLC now owns 29,199 shares of the company’s stock worth $1,182,000 after buying an additional 3,533 shares in the last quarter. 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 buying an additional 160,673 shares in the last quarter. Finally, Evolution Wealth Management Inc. bought a new position in shares of FT Cboe Vest U.S. Equity Moderate Buffer ETF – May in the 2nd quarter valued at $200,000.

FT Cboe Vest U.S. Equity Moderate Buffer ETF – May Stock Down 0.0%

Shares of GMAY stock opened at $41.56 on Friday. FT Cboe Vest U.S. Equity Moderate Buffer ETF – May has a twelve month low of $32.00 and a twelve month high of $41.65. The stock’s fifty day simple moving average is $41.23 and its 200 day simple moving average is $40.53. The firm has a market capitalization of $305.47 million, a P/E ratio of 24.47 and a beta of 0.46.

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.