FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sets New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $55.58 and last traded at $55.58, with a volume of 8544 shares changing hands. The stock had previously closed at $55.44.

FT Vest U.S. Equity Buffer ETF – September Trading Down 0.2%

The stock has a market capitalization of $967.60 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The firm has a 50-day moving average of $54.81 and a 200-day moving average of $52.87.

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

Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth $26,000. Topsail Wealth Management LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 35.6% during the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after acquiring an additional 300 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 247.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after acquiring an additional 991 shares in the last quarter. Barclays PLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter valued at about $149,000. Finally, IFP Advisors Inc grew its position in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% during the 4th quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after acquiring an additional 250 shares during the period.

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

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.