FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Reaches New 1-Year High – What’s Next?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.59 and last traded at $51.78, with a volume of 10910 shares trading hands. The stock had previously closed at $51.40.

FT Vest U.S. Equity Buffer ETF – September Trading Up 0.7%

The stock has a market capitalization of $903.46 million, a P/E ratio of 24.69 and a beta of 0.62. The business has a fifty day simple moving average of $51.07 and a 200 day simple moving average of $49.84.

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

Hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 151.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 645,003 shares of the company’s stock worth $30,966,000 after purchasing an additional 388,412 shares during the period. CWM LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – September by 50.4% during the third quarter. CWM LLC now owns 429,438 shares of the company’s stock valued at $21,704,000 after purchasing an additional 143,825 shares during the last quarter. Cetera Investment Advisers boosted its position in FT Vest U.S. Equity Buffer ETF – September by 212.8% during the second quarter. Cetera Investment Advisers now owns 340,663 shares of the company’s stock worth $16,355,000 after purchasing an additional 231,740 shares during the period. Commonwealth Equity Services LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – September by 40.0% in the third quarter. Commonwealth Equity Services LLC now owns 306,680 shares of the company’s stock valued at $15,500,000 after purchasing an additional 87,655 shares during the period. Finally, Assetmark Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 12.5% in the 3rd quarter. Assetmark Inc. now owns 217,152 shares of the company’s stock worth $10,975,000 after buying an additional 24,184 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.