FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Reaches New 1-Year High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $55.24 and last traded at $55.08, with a volume of 288 shares changing hands. The stock had previously closed at $55.05.

FT Vest U.S. Equity Buffer ETF – September Trading Down 0.2%

The firm has a market cap of $958.53 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The company has a 50 day moving average of $54.05 and a 200 day moving average of $52.39.

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

A number of large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $26,000. Topsail Wealth Management LLC boosted its holdings 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 valued at $59,000 after purchasing an additional 300 shares during the period. JPMorgan Chase & Co. grew its position in shares of FT Vest U.S. Equity Buffer ETF – September by 247.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after purchasing an additional 991 shares in the last quarter. Barclays PLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth approximately $149,000. Finally, IFP Advisors Inc lifted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% during the 4th quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after acquiring an additional 250 shares during the period.

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.