FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 52-Week High – Still a Buy?

Shares of FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) reached a new 52-week high on Wednesday . The stock traded as high as $57.70 and last traded at $57.62, with a volume of 15134 shares traded. The stock had previously closed at $57.37.

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

The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59. The stock has a 50-day moving average of $56.90 and a 200-day moving average of $55.58.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers boosted its stake in FT Vest U.S. Equity Buffer ETF – February by 3.0% in the 2nd quarter. Cetera Investment Advisers now owns 465,275 shares of the company’s stock valued at $24,385,000 after purchasing an additional 13,662 shares during the period. Integrity Financial Corp WA lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 16.3% during the second quarter. Integrity Financial Corp WA now owns 36,858 shares of the company’s stock worth $1,932,000 after buying an additional 5,167 shares in the last quarter. Atria Investments Inc boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 151.4% in the third quarter. Atria Investments Inc now owns 112,211 shares of the company’s stock valued at $6,188,000 after acquiring an additional 67,570 shares during the period. FWG Investments LLC. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 56.4% in the second quarter. FWG Investments LLC. now owns 21,840 shares of the company’s stock valued at $1,145,000 after acquiring an additional 7,877 shares during the period. Finally, Assetmark Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 31.4% in the second quarter. Assetmark Inc. now owns 176,409 shares of the company’s stock valued at $9,246,000 after acquiring an additional 42,170 shares in the last quarter.

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

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.