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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $51.59 and last traded at $51.9910, with a volume of 10910 shares changing hands. The stock had previously closed at $51.40.

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

The business has a 50 day moving average of $51.72 and a two-hundred day moving average of $50.71. The stock has a market capitalization of $911.85 million, a PE ratio of 24.69 and a beta of 0.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Topsail Wealth Management LLC lifted its position in FT Vest U.S. Equity Buffer ETF – September by 35.6% during the fourth quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock valued at $59,000 after acquiring an additional 300 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in FT Vest U.S. Equity Buffer ETF – September by 247.8% in the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after purchasing an additional 991 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the second quarter worth $136,000. IFP Advisors Inc lifted its holdings 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 purchasing an additional 250 shares during the last quarter. Finally, Avion Wealth acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter worth $189,000.

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.