FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $53.54 and last traded at $53.54, with a volume of 427 shares traded. The stock had previously closed at $53.30.

FT Vest U.S. Equity Buffer ETF – October Trading Up 0.1%

The stock has a market capitalization of $1.02 billion, a PE ratio of 24.45 and a beta of 0.62. The firm’s fifty day moving average price is $52.34 and its two-hundred day moving average price is $50.59.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at $56,000. JPMorgan Chase & Co. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 3rd quarter worth about $98,000. Fifth Third Bancorp purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $116,000. Sunbelt Securities Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 20.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock valued at $142,000 after acquiring an additional 500 shares during the period. Finally, LVZ Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at about $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.