FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Sets New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $62.79 and last traded at $62.8190, with a volume of 1053 shares. The stock had previously closed at $62.42.

FT Vest U.S. Equity Buffer ETF – February Trading Down 0.0%

The company has a market capitalization of $1.25 billion, a P/E ratio of 24.30 and a beta of 0.59. The stock’s fifty day moving average is $62.01 and its 200 day moving average is $60.19.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – February

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers grew its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 46.9% in the first quarter. Cetera Investment Advisers now owns 396,679 shares of the company’s stock worth $22,155,000 after purchasing an additional 126,694 shares during the last quarter. Assetmark Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 10.0% during the first quarter. Assetmark Inc. now owns 251,507 shares of the company’s stock valued at $14,047,000 after buying an additional 22,773 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 24.9% during the first quarter. Kestra Advisory Services LLC now owns 159,927 shares of the company’s stock valued at $8,932,000 after acquiring an additional 31,880 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in FT Vest U.S. Equity Buffer ETF – February by 219.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 150,992 shares of the company’s stock worth $8,549,000 after acquiring an additional 103,768 shares during the period. Finally, Bleakley Financial Group LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – February by 15.6% in the first quarter. Bleakley Financial Group LLC now owns 44,321 shares of the company’s stock valued at $2,475,000 after acquiring an additional 5,997 shares in 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.