FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) reached a new 52-week high on Thursday . The stock traded as high as $62.55 and last traded at $62.55, with a volume of 5853 shares changing hands. The stock had previously closed at $62.26.

FT Vest U.S. Equity Buffer ETF – February Stock Performance

The company has a market cap of $1.24 billion, a PE ratio of 24.30 and a beta of 0.59. The company has a fifty day moving average of $61.50 and a two-hundred day moving average of $59.59.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 3.8% during the 1st quarter. Royal Bank of Canada now owns 18,121 shares of the company’s stock worth $884,000 after purchasing an additional 655 shares during the period. Jane Street Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – February in the 1st quarter worth about $907,000. Ausdal Financial Partners Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – February by 16.6% in the second quarter. Ausdal Financial Partners Inc. now owns 6,210 shares of the company’s stock worth $325,000 after purchasing an additional 885 shares during the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – February by 47.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 12,475 shares of the company’s stock worth $654,000 after purchasing an additional 4,043 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – February by 14.3% in the second quarter. MML Investors Services LLC now owns 25,211 shares of the company’s stock worth $1,321,000 after purchasing an additional 3,149 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – February

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FFEB was launched on Feb 21, 2020 and is managed by First Trust.