FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sets New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $55.67 and last traded at $55.3190, with a volume of 478 shares. The stock had previously closed at $55.51.

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

The stock has a 50-day moving average of $55.02 and a 200-day moving average of $53.46. The firm has a market cap of $970.72 million, a price-to-earnings ratio of 24.11 and a beta of 0.65.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – November

A number of institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – November by 381.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 465,949 shares of the company’s stock worth $23,349,000 after acquiring an additional 369,106 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 48.4% in the 2nd quarter. Cetera Investment Advisers now owns 763,457 shares of the company’s stock valued at $38,257,000 after acquiring an additional 249,041 shares during the last quarter. Atria Investments Inc grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 1,771.3% in the fourth quarter. Atria Investments Inc now owns 146,376 shares of the company’s stock worth $8,026,000 after purchasing an additional 138,554 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – November by 1,138.4% in the second quarter. CreativeOne Wealth LLC now owns 116,002 shares of the company’s stock valued at $5,813,000 after acquiring an additional 106,635 shares during the period. Finally, BAM Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at approximately $5,182,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.