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

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price reached a new 52-week high on Monday . The stock traded as high as $53.03 and last traded at $53.00, with a volume of 2020 shares trading hands. The stock had previously closed at $52.75.

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

The business’s 50 day simple moving average is $52.26 and its 200-day simple moving average is $50.51. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. CoreCap Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – October by 1.7% during the second quarter. CoreCap Advisors LLC now owns 15,915 shares of the company’s stock valued at $832,000 after purchasing an additional 270 shares during the last quarter. FWG Investments LLC. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 0.6% during the 1st quarter. FWG Investments LLC. now owns 51,250 shares of the company’s stock worth $2,444,000 after purchasing an additional 298 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 14.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,429 shares of the company’s stock valued at $168,000 after buying an additional 432 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 8.2% in the 4th quarter. Prospera Financial Services Inc now owns 6,593 shares of the company’s stock valued at $323,000 after buying an additional 500 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 8.1% in the 2nd quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock valued at $577,000 after buying an additional 964 shares in the last quarter.

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

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.