FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $52.43 and last traded at $52.43, with a volume of 3071 shares trading hands. The stock had previously closed at $52.29.

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

The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62. The business’s fifty day simple moving average is $51.64 and its 200 day simple moving average is $49.91.

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

Several institutional investors have recently bought and sold shares of FOCT. FWG Investments LLC. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 0.6% in the first quarter. FWG Investments LLC. now owns 51,250 shares of the company’s stock valued at $2,444,000 after purchasing an additional 298 shares during the last quarter. Sunbelt Securities Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – October by 14.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,429 shares of the company’s stock valued at $168,000 after purchasing an additional 432 shares during the period. Prospera Financial Services Inc raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 8.2% during the 4th quarter. Prospera Financial Services Inc now owns 6,593 shares of the company’s stock worth $323,000 after purchasing an additional 500 shares during the period. Park Avenue Securities LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 13.0% in the 4th quarter. Park Avenue Securities LLC now owns 8,121 shares of the company’s stock worth $398,000 after buying an additional 935 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in FT Vest U.S. Equity Buffer ETF – October by 6.3% during the fourth quarter. CoreCap Advisors LLC now owns 15,845 shares of the company’s stock valued at $776,000 after buying an additional 944 shares during the period.

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

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.