FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) shares hit a new 52-week high during trading on Friday . The company traded as high as $55.59 and last traded at $55.59, with a volume of 21046 shares trading hands. The stock had previously closed at $55.26.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.6%

The firm has a market capitalization of $969.70 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The business has a 50-day moving average of $54.97 and a two-hundred day moving average of $53.11.

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

A number of hedge funds have recently modified their holdings of the company. Parallel Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter valued at approximately $26,000. Topsail Wealth Management LLC lifted its position in FT Vest U.S. Equity Buffer ETF – September by 35.6% in the fourth quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after purchasing an additional 300 shares during the period. JPMorgan Chase & Co. boosted its stake in FT Vest U.S. Equity Buffer ETF – September by 247.8% during the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after buying an additional 991 shares in the last quarter. Barclays PLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth $149,000. Finally, IFP Advisors Inc increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 8.0% in the 4th quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after buying an additional 250 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.