FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Reaches New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high during trading on Monday . The stock traded as high as $55.11 and last traded at $55.11, with a volume of 105 shares changing hands. The stock had previously closed at $54.45.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.9%

The stock has a market cap of $961.67 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The firm’s 50 day moving average is $53.64 and its two-hundred day moving average is $52.25.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth about $26,000. Topsail Wealth Management LLC grew its position in FT Vest U.S. Equity Buffer ETF – September by 35.6% in the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after purchasing an additional 300 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 247.8% in the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock valued at $70,000 after purchasing an additional 991 shares during the period. Barclays PLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter valued at approximately $149,000. Finally, IFP Advisors Inc raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% during the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after buying an additional 250 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.