FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $51.18 and last traded at $51.13, with a volume of 10854 shares trading hands. The stock had previously closed at $50.90.

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

The stock’s 50 day moving average price is $49.05 and its two-hundred day moving average price is $48.91. The firm has a market capitalization of $978.12 million, a price-to-earnings ratio of 24.45 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. O Shaughnessy Asset Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $56,000. JPMorgan Chase & Co. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the third quarter worth about $98,000. Fifth Third Bancorp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $116,000. Sunbelt Securities Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – October by 20.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock valued at $142,000 after purchasing an additional 500 shares during the period. Finally, Sound Income Strategies LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the 4th quarter valued at approximately $195,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.