Truist Financial Corp Increases Holdings in FT Cboe Vest U.S. Equity Moderate Buffer ETF – March

Truist Financial Corp has significantly increased its investment in the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March, with an impressive boost of 98.9% during the second quarter of this year. According to the latest Form 13F filing submitted to the Securities and Exchange Commission, Truist has acquired an additional 17,115 shares, bringing its total holdings to 34,419 shares.

By the end of the most recent quarter, Truist held approximately 0.32% of the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March, valued at around $1,220,000. This marked a significant increase in Truist's stake in the ETF, underlining their confidence in its future performance.

Recent Institutional Investments

Other institutional investors and hedge funds have also shown interest in the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March by altering their positions. Integrity Financial Corp WA made its move in the first quarter, purchasing a new stake valued at about $26,000. Similarly, Hazlett Burt & Watson Inc. entered the investment during the first quarter with a stake worth approximately $43,000.

Additionally, WR Wealth Planners LLC also acquired a new stake during the second quarter, valued at around $43,000. Clear Point Advisors Inc. followed suit, purchasing shares during the second quarter for about $46,000. Furthermore, Centaurus Financial Inc. made a significant investment in the past fourth quarter, acquiring a stake worth approximately $102,000.

Current Stock Performance

As of Friday, shares of the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March opened at $36.82. The ETF has shown resilience, with a 1-year low registered at $31.04 and a high of $36.82 within the same period. The ETF's moving averages provide important technical indicators, with a 50-day moving average price at $36.11 and a two-hundred day moving average price at $35.31.

Overview of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March (trading under the ticker symbol GMAR) primarily focuses on investing in large-cap equities. The fund is designed to offer specific buffered losses and capped gains on the SPY ETF over a predetermined holding period. This actively managed ETF utilizes options and collateral to pursue its investment objectives. GMAR officially launched on March 17, 2023, and is managed by First Trust, providing investors with a structured approach to equity investments.

Additional Insights

Investors interested in exploring stocks beyond the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March may consider alternative recommendations. There is ongoing discussion about the significance of stock sectors in successful investing strategies, which can provide insights for those looking to diversify their portfolios.

With trends such as mid-cap stocks attracting attention and various investing strategies available, it's essential for investors to conduct thorough research and consider their financial goals carefully.

Truist, Acquisition, ETF