FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT – Get Free Report) shares hit a new 52-week high on Thursday. The company traded as high as $54.80 and last traded at $54.65, with a volume of 34,431 shares trading hands. The stock had previously closed at $54.61.

FT Vest U.S. Equity Buffer ETF – October Stock Down 0.1%

The firm has a 50 day moving average price of $53.93 and a two-hundred day moving average price of $52.34. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

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

A number of hedge funds have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – October by 1.7% during the 2nd quarter. CoreCap Advisors LLC now owns 15,915 shares of the company’s stock worth $832,000 after buying an additional 270 shares during the period. FWG Investments LLC. raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 0.6% in the first quarter. FWG Investments LLC. now owns 51,250 shares of the company’s stock worth $2,444,000 after purchasing an additional 298 shares during the period. NFSG Corp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the third quarter worth about $32,000. Janney Montgomery Scott LLC increased its stake in FT Vest U.S. Equity Buffer ETF – October by 2.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 47,413 shares of the company’s stock valued at $2,261,000 after buying an additional 1,172 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the third quarter worth approximately $77,000.

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

(Get Free Report)

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.

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