FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price reached a new 52-week high on Monday . The stock traded as high as $52.42 and last traded at $52.39, with a volume of 29180 shares trading hands. The stock had previously closed at $51.89.

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

The firm’s 50 day moving average price is $50.96 and its two-hundred day moving average price is $49.63. The firm has a market cap of $1.00 billion, a PE ratio of 24.45 and a beta of 0.62.

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

Several hedge funds have recently made changes to their positions in the company. Gateway Wealth Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 1st quarter valued at approximately $345,000. WealthTrust Asset Management LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 50.2% in the 1st quarter. WealthTrust Asset Management LLC now owns 6,837 shares of the company’s stock valued at $326,000 after acquiring an additional 2,286 shares during the period. Assetmark Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 11.6% in the 1st quarter. Assetmark Inc. now owns 295,232 shares of the company’s stock valued at $14,077,000 after acquiring an additional 30,594 shares during the period. Kestra Advisory Services LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 16.0% in the 1st quarter. Kestra Advisory Services LLC now owns 107,151 shares of the company’s stock valued at $5,109,000 after acquiring an additional 14,767 shares during the period. Finally, Money Concepts Capital Corp purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 1st quarter valued at approximately $203,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.