FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $57.47 and last traded at $57.47, with a volume of 201 shares changing hands. The stock had previously closed at $56.92.

FT Vest U.S. Equity Buffer ETF – November Price Performance

The business’s 50-day moving average price is $54.90 and its two-hundred day moving average price is $54.65. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 24.11 and a beta of 0.65.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. SOA Wealth Advisors LLC. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 1,778.7% in the 4th quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock valued at $63,000 after purchasing an additional 1,085 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the second quarter worth about $73,000. Concurrent Investment Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $203,000. Apollon Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – November in the first quarter valued at about $207,000. Finally, Integrity Alliance LLC. acquired a new stake in FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at approximately $217,000.

FT Vest U.S. Equity Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.