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

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $60.13 and last traded at $60.00, with a volume of 2640 shares trading hands. The stock had previously closed at $59.85.

FT Vest U.S. Equity Buffer ETF – November Stock Up 0.4%

The company’s 50 day moving average price is $59.05 and its 200-day moving average price is $57.15. The stock has a market cap of $1.05 billion, a P/E ratio of 24.11 and a beta of 0.65.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter worth about $73,000. Raymond James Financial Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 3.6% in the second quarter. Raymond James Financial Inc. now owns 455,481 shares of the company’s stock valued at $22,824,000 after buying an additional 15,922 shares during the period. Jane Street Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the second quarter worth about $257,000. Gallagher Fiduciary Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the second quarter worth about $706,000. Finally, MML Investors Services LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 33.0% in the second quarter. MML Investors Services LLC now owns 23,366 shares of the company’s stock worth $1,171,000 after acquiring an additional 5,797 shares during the period.

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.