FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR) Shares Pass Above 200 Day Moving Average – Should You Sell?

Shares of FT Vest U.S. Equity Deep Buffer ETF – March (BATS:DMAR) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $36.80 and traded as high as $38.45. FT Vest U.S. Equity Deep Buffer ETF – March shares last traded at $38.43, with a volume of 6,616 shares trading hands.

FT Vest U.S. Equity Deep Buffer ETF – March Price Performance

The company has a fifty day moving average price of $37.89 and a two-hundred day moving average price of $36.84. The company has a market capitalization of $380.52 million, a P/E ratio of 22.69 and a beta of 0.35.

Institutional Investors Weigh In On FT Vest U.S. Equity Deep Buffer ETF – March

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. acquired a new stake in FT Vest U.S. Equity Deep Buffer ETF – March during the second quarter worth about $21,590,000. Cetera Investment Advisers boosted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 74.7% during the 2nd quarter. Cetera Investment Advisers now owns 305,722 shares of the company’s stock worth $11,006,000 after purchasing an additional 130,708 shares during the period. Raymond James & Associates grew its stake in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 1,146.8% in the second quarter. Raymond James & Associates now owns 107,859 shares of the company’s stock valued at $3,883,000 after buying an additional 99,208 shares in the last quarter. Spire Wealth Management grew its position in FT Vest U.S. Equity Deep Buffer ETF – March by 3,354.8% in the 2nd quarter. Spire Wealth Management now owns 60,493 shares of the company’s stock valued at $2,178,000 after acquiring an additional 58,742 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – March by 129.4% in the second quarter. AE Wealth Management LLC now owns 61,422 shares of the company’s stock valued at $2,211,000 after purchasing an additional 34,643 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – March Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – March (DMAR) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY shares over a specific holding period. The actively-managed fund holds options and collateral. DMAR was launched on Mar 19, 2021 and is managed by First Trust.