FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Shares Break Above 50 Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $62.65 and traded as high as $62.88. FT Vest U.S. Equity Buffer ETF – February shares last traded at $62.74, with a volume of 12,125 shares traded.

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

The company has a market cap of $1.39 billion, a price-to-earnings ratio of 24.30 and a beta of 0.61. The company has a 50-day simple moving average of $62.65 and a 200-day simple moving average of $60.28.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – February

A number of institutional investors have recently modified their holdings of the business. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the third quarter worth $201,000. Global Retirement Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – February in the 3rd quarter valued at approximately $32,000. HighTower Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the third quarter worth $1,774,000. Silver Oak Securities Incorporated acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the 3rd quarter worth $381,000. Finally, Harbour Investments Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $4,671,000.

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

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.