FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $58.02 and last traded at $57.9590, with a volume of 1455 shares changing hands. The stock had previously closed at $57.81.

FT Vest U.S. Equity Buffer ETF – February Price Performance

The firm has a market capitalization of $1.15 billion, a PE ratio of 24.30 and a beta of 0.59. The company has a fifty day moving average of $57.04 and a 200-day moving average of $55.73.

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

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its holdings in FT Vest U.S. Equity Buffer ETF – February by 3.8% in the first quarter. Royal Bank of Canada now owns 18,121 shares of the company’s stock worth $884,000 after buying an additional 655 shares during the last quarter. Jane Street Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – February in the first quarter worth approximately $907,000. Envestnet Asset Management Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 20.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 478,414 shares of the company’s stock worth $25,074,000 after purchasing an additional 80,875 shares during the last quarter. Buck Wealth Strategies LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 94.9% during the 2nd quarter. Buck Wealth Strategies LLC now owns 8,853 shares of the company’s stock valued at $464,000 after purchasing an additional 4,310 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 31.4% in the 2nd quarter. Assetmark Inc. now owns 176,409 shares of the company’s stock valued at $9,246,000 after purchasing an additional 42,170 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.