FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) hit a new 52-week high during trading on Wednesday . The stock traded as high as $58.31 and last traded at $58.15, with a volume of 8768 shares trading hands. The stock had previously closed at $57.99.

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

The firm’s 50 day simple moving average is $55.77 and its 200 day simple moving average is $55.10. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 24.11 and a beta of 0.65.

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

Several institutional investors and hedge funds have recently bought and sold shares of FNOV. Cetera Investment Advisers lifted its stake in FT Vest U.S. Equity Buffer ETF – November by 60.4% during the 4th quarter. Cetera Investment Advisers now owns 547,574 shares of the company’s stock valued at $30,023,000 after acquiring an additional 206,182 shares during the period. Atria Investments Inc lifted its stake in FT Vest U.S. Equity Buffer ETF – November by 1,771.3% during the 4th quarter. Atria Investments Inc now owns 146,376 shares of the company’s stock valued at $8,026,000 after acquiring an additional 138,554 shares during the period. BAM Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at approximately $5,182,000. Ausdal Financial Partners Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter valued at approximately $4,419,000. Finally, CreativeOne Wealth LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 838.2% during the 4th quarter. CreativeOne Wealth LLC now owns 62,634 shares of the company’s stock valued at $3,434,000 after purchasing an additional 55,958 shares in the last quarter.

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.