FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Stock Price Up 15.1% – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) traded up 15.1% on Tuesday . The company traded as high as $48.35 and last traded at $55.2390. 14,026 shares were traded during mid-day trading, a decline of 74% from the average session volume of 53,738 shares. The stock had previously closed at $47.99.

FT Vest U.S. Equity Buffer ETF – November Stock Up 15.1%

The company has a market cap of $968.34 million, a P/E ratio of 24.11 and a beta of 0.65. The business has a fifty day moving average of $54.95 and a 200 day moving average of $53.32.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FNOV. Evolution Wealth Management Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter valued at about $48,000. SOA Wealth Advisors LLC. lifted its holdings in FT Vest U.S. Equity Buffer ETF – November by 1,778.7% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock worth $63,000 after buying an additional 1,085 shares during the period. Darwin Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter valued at approximately $73,000. Concurrent Investment Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – November during the 3rd quarter valued at approximately $203,000. Finally, Aurora Private Wealth Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter worth approximately $211,000.

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

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.