FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) reached a new 52-week high on Friday . The company traded as high as $60.74 and last traded at $60.71, with a volume of 668 shares traded. The stock had previously closed at $60.39.

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

The stock has a 50 day simple moving average of $58.11 and a two-hundred day simple moving average of $57.15. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Centaurus Financial Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – February during the first quarter worth $347,000. Arkadios Wealth Advisors lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 11.2% in the 1st quarter. Arkadios Wealth Advisors now owns 8,785 shares of the company’s stock valued at $491,000 after purchasing an additional 885 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 6.8% in the 1st quarter. Sunbelt Securities Inc. now owns 16,065 shares of the company’s stock valued at $897,000 after purchasing an additional 1,024 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – February by 26.0% in the 1st quarter. Royal Bank of Canada now owns 12,966 shares of the company’s stock valued at $724,000 after purchasing an additional 2,676 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February in the 1st quarter valued at $345,000.

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

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.