FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $52.79 and last traded at $52.79, with a volume of 5685 shares changing hands. The stock had previously closed at $52.66.

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

The company has a 50 day simple moving average of $52.00 and a 200 day simple moving average of $50.16. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter valued at approximately $56,000. JPMorgan Chase & Co. purchased a new stake in FT Vest U.S. Equity Buffer ETF – October during the third quarter worth approximately $98,000. Fifth Third Bancorp acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the fourth quarter worth $116,000. Sunbelt Securities Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – October by 20.0% in the third quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock worth $142,000 after acquiring an additional 500 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at $195,000.

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.