XAPR Stock Summary and Trading Ideas (FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April | BATS:XAPR)

The investment objective of the FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (the "Fund") is to seek to provide investors with returns (before fees and expenses) of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 12.02% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from April 22, 2024 through April 17, 2025. Under normal market conditions, the Fund will invest substantially all of its assets in Flexible Exchange Options ("FLEX Options") that reference the price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF"). The Underlying ETF is an exchange-traded unit investment trust that uses a replication strategy, meaning it invests in as many of the stocks in the S&P 500 Index as is practicable. The investment objective of the Underlying ETF is to seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the S&P 500 Index.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April trades on the BATS stock market under the symbol XAPR.

As of May 7, 2024, XAPR stock price declined to $30.33 with 6,590 million shares trading.

XAPR has a market cap of $9.10 million. This is considered a Sub-Micro Cap stock.

XAPR support price is $30.21 and resistance is $30.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XAPR stock will trade within this expected range on the day.