FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price reached a new 52-week high on Friday . The stock traded as high as $52.00 and last traded at $51.97, with a volume of 3076 shares changing hands. The stock had previously closed at $51.78.

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

The stock has a market capitalization of $993.42 million, a P/E ratio of 24.45 and a beta of 0.62. The company’s fifty day simple moving average is $49.64 and its two-hundred day simple moving average is $49.19.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Gateway Wealth Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 1st quarter worth approximately $345,000. WealthTrust Asset Management LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 50.2% during the 1st quarter. WealthTrust Asset Management LLC now owns 6,837 shares of the company’s stock worth $326,000 after purchasing an additional 2,286 shares in the last quarter. Assetmark Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 11.6% during the 1st quarter. Assetmark Inc. now owns 295,232 shares of the company’s stock worth $14,077,000 after purchasing an additional 30,594 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 16.0% during the 1st quarter. Kestra Advisory Services LLC now owns 107,151 shares of the company’s stock worth $5,109,000 after purchasing an additional 14,767 shares in the last quarter. Finally, Money Concepts Capital Corp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 1st quarter worth approximately $203,000.

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.