FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 12-Month High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high on Wednesday . The stock traded as high as $55.58 and last traded at $55.58, with a volume of 8544 shares. The stock had previously closed at $55.44.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.3%

The stock has a market capitalization of $969.87 million, a P/E ratio of 24.69 and a beta of 0.62. The business has a fifty day moving average price of $54.75 and a 200-day moving average price of $52.82.

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

A number of institutional investors have recently made changes to their positions in FSEP. Wealthcare Advisory Partners LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 1.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 741,908 shares of the company’s stock worth $40,864,000 after acquiring an additional 8,006 shares during the period. CoreCap Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – September by 2.3% during the second quarter. CoreCap Advisors LLC now owns 17,554 shares of the company’s stock valued at $967,000 after purchasing an additional 402 shares during the period. NewEdge Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – September by 590.0% during the first quarter. NewEdge Advisors LLC now owns 102,436 shares of the company’s stock valued at $5,156,000 after purchasing an additional 87,590 shares during the period. Cozad Asset Management Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 3.5% in the first quarter. Cozad Asset Management Inc. now owns 18,767 shares of the company’s stock worth $945,000 after purchasing an additional 634 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 10.8% in the first quarter. Sunbelt Securities Inc. now owns 10,221 shares of the company’s stock worth $514,000 after purchasing an additional 996 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.