Maltin Wealth Management Inc. has reduced its investment in the FT Vest International Equity Moderate Buffer ETF – June (BATS:YJUN) by 10% during the third quarter of this year. According to the company’s latest 13F filing with the Securities and Exchange Commission (SEC), Maltin now holds 392,831 shares after divesting 43,688 shares in the quarter. This adjustment positions the ETF as approximately 4.1% of Maltin’s overall holdings, making it their second-largest investment.
As of the most recent filing, Maltin Wealth Management’s stake in the FT Vest ETF is valued at about $9.85 million. This represents around 6.49% of the total shares available in the ETF.
Multiple hedge funds have also made changes to their holdings in the FT Vest ETF. Commonwealth Equity Services LLC increased its position by 14.6% in the third quarter, now owning 954,723 shares valued at $23.94 million. Cetera Investment Advisers followed suit, raising its stake by 18.1% during the second quarter, bringing its total to 672,134 shares worth $16.45 million.
Osaic Holdings Inc. also expanded its holdings, increasing by 13.5% in the second quarter, now possessing 196,154 shares valued at $4.80 million. Similarly, Orion Portfolio Solutions LLC boosted its stake by 18.9%, resulting in ownership of 115,841 shares valued at $2.84 million. Notably, Silver Oak Securities Incorporated dramatically increased its position by 218.7%, acquiring an additional 63,364 shares to reach a total of 92,333 shares valued at $2.32 million.
Current Market Performance
The FT Vest International Equity Moderate Buffer ETF – June experienced a 2.2% increase in trading, with shares opening at $25.95 on Friday. The ETF has a market capitalization of $156.97 million and a price-to-earnings ratio of 16.30, with a beta of 0.59. The stock’s 50-day moving average price stands at $25.35, while the 200-day moving average is $24.98.
Over the past year, the ETF has seen its lowest price at $21.14 and its highest at $24.81. This volatility reflects the broader market conditions affecting equity investments globally.
About the FT Vest ETF
The FT Cboe Vest International Equity Buffer ETF – June, launched on June 18, 2021, is actively managed by First Trust. The ETF primarily invests in total market equity and aims to provide specific buffered losses and capped gains on the EFA ETF over designated holding periods. The fund employs options and collateral strategies to manage its investments effectively.
In summary, Maltin Wealth Management’s recent adjustments, alongside the activity from other institutional investors, highlight the ongoing interest and shifting strategies within the market for the FT Vest International Equity Moderate Buffer ETF.
