FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Reaches New 52-Week High – What’s Next?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $62.68 and last traded at $62.6110, with a volume of 1780 shares. The stock had previously closed at $62.38.

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

The stock has a market capitalization of $1.25 billion, a P/E ratio of 24.30 and a beta of 0.59. The firm’s 50 day moving average price is $61.61 and its 200 day moving average price is $59.71.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – February in the fourth quarter worth approximately $29,000. Topsail Wealth Management LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – February by 333.3% in the fourth quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock worth $37,000 after purchasing an additional 500 shares during the last quarter. Wells Fargo & Company MN grew its position in FT Vest U.S. Equity Buffer ETF – February by 239.2% in the 4th quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock worth $54,000 after purchasing an additional 677 shares during the period. Advisory Services Network LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – February during the 3rd quarter valued at $84,000. Finally, National Bank of Canada FI bought a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the 3rd quarter valued at $101,000.

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.