FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sets New 1-Year High – Here’s What Happened

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $52.42 and last traded at $52.39, with a volume of 29180 shares trading hands. The stock had previously closed at $51.89.

FT Vest U.S. Equity Buffer ETF – October Trading Down 0.7%

The firm has a market cap of $993.80 million, a price-to-earnings ratio of 24.45 and a beta of 0.62. The company has a fifty day moving average price of $51.13 and a 200-day moving average price of $49.68.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 2.8% in the 2nd quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock valued at $27,009,000 after purchasing an additional 16,451 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 51.7% in the 4th quarter. Cetera Investment Advisers now owns 373,788 shares of the company’s stock valued at $18,312,000 after purchasing an additional 127,413 shares in the last quarter. Assetmark Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 11.6% in the 1st quarter. Assetmark Inc. now owns 295,232 shares of the company’s stock valued at $14,077,000 after purchasing an additional 30,594 shares in the last quarter. LPL Financial LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 38.3% in the 4th quarter. LPL Financial LLC now owns 241,423 shares of the company’s stock valued at $11,827,000 after purchasing an additional 66,911 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 8.7% in the 4th quarter. Osaic Holdings Inc. now owns 202,740 shares of the company’s stock valued at $9,932,000 after purchasing an additional 16,304 shares in the last quarter.

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.