FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sets New 52-Week High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) hit a new 52-week high during trading on Wednesday . The stock traded as high as $58.96 and last traded at $58.89, with a volume of 311 shares changing hands. The stock had previously closed at $58.79.

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

The firm has a market capitalization of $1.03 billion, a PE ratio of 24.11 and a beta of 0.65. The firm’s fifty day moving average is $58.16 and its two-hundred day moving average is $56.16.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers increased its position in shares of FT Vest U.S. Equity Buffer ETF – November by 60.4% during the fourth quarter. Cetera Investment Advisers now owns 547,574 shares of the company’s stock valued at $30,023,000 after acquiring an additional 206,182 shares during the last quarter. Raymond James Financial Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – November by 3.6% in the second quarter. Raymond James Financial Inc. now owns 455,481 shares of the company’s stock worth $22,824,000 after purchasing an additional 15,922 shares during the last quarter. LPL Financial LLC boosted its position in FT Vest U.S. Equity Buffer ETF – November by 19.5% in the fourth quarter. LPL Financial LLC now owns 292,891 shares of the company’s stock worth $16,059,000 after purchasing an additional 47,845 shares during the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – November by 11.6% in the 1st quarter. Assetmark Inc. now owns 263,143 shares of the company’s stock valued at $14,051,000 after purchasing an additional 27,388 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in FT Vest U.S. Equity Buffer ETF – November by 17.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 182,235 shares of the company’s stock valued at $9,992,000 after purchasing an additional 27,515 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.