FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $59.00 and last traded at $59.00, with a volume of 1008 shares traded. The stock had previously closed at $58.88.

FT Vest U.S. Equity Buffer ETF – November Stock Up 0.4%

The stock has a market cap of $1.04 billion, a P/E ratio of 24.11 and a beta of 0.65. The firm’s 50-day moving average is $58.34 and its two-hundred day moving average is $56.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FNOV. Cetera Investment Advisers raised its position in shares of FT Vest U.S. Equity Buffer ETF – November by 60.4% in the fourth quarter. Cetera Investment Advisers now owns 547,574 shares of the company’s stock valued at $30,023,000 after purchasing an additional 206,182 shares during the period. Atria Investments Inc boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 1,771.3% during the 4th quarter. Atria Investments Inc now owns 146,376 shares of the company’s stock worth $8,026,000 after buying an additional 138,554 shares during the period. BAM Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the 4th quarter valued at $5,182,000. Ausdal Financial Partners Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the 4th quarter valued at $4,419,000. Finally, CreativeOne Wealth LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – November by 838.2% in the 4th quarter. CreativeOne Wealth LLC now owns 62,634 shares of the company’s stock worth $3,434,000 after acquiring an additional 55,958 shares during the period.

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

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.