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

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) reached a new 52-week high during trading on Tuesday . The company traded as high as $60.35 and last traded at $60.26, with a volume of 14342 shares changing hands. The stock had previously closed at $60.24.

FT Vest U.S. Equity Buffer ETF – February Stock Up 0.2%

The stock’s 50-day simple moving average is $57.74 and its 200 day simple moving average is $56.96. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59.

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

Several hedge funds have recently made changes to their positions in FFEB. Global Retirement Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth about $29,000. First Horizon Corp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the fourth quarter worth about $34,000. Topsail Wealth Management LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 333.3% during the fourth quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock worth $37,000 after purchasing an additional 500 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 239.2% during the fourth quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock worth $54,000 after purchasing an additional 677 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $84,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.