FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sets New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $51.59 and last traded at $51.78, with a volume of 10910 shares traded. The stock had previously closed at $51.40.

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

The business has a fifty day simple moving average of $51.11 and a 200 day simple moving average of $49.91. The company has a market cap of $903.63 million, a P/E ratio of 24.69 and a beta of 0.62.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – September

Several large investors have recently bought and sold shares of FSEP. JPMorgan Chase & Co. grew its position in 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 worth $70,000 after buying an additional 991 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – September in the second quarter valued at about $136,000. Avion Wealth acquired a new position in FT Vest U.S. Equity Buffer ETF – September in the second quarter worth approximately $189,000. Navis Wealth Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the 3rd quarter worth $200,000. Finally, Core Wealth Partners LLC bought a new position in FT Vest U.S. Equity Buffer ETF – September during the third quarter valued at about $201,000.

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

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.