FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sets New 1-Year High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high during trading on Tuesday . The company traded as high as $56.58 and last traded at $56.53, with a volume of 770 shares changing hands. The stock had previously closed at $56.41.

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

The firm’s fifty day simple moving average is $55.56 and its 200 day simple moving average is $53.69. The company has a market capitalization of $985.58 million, a price-to-earnings ratio of 24.69 and a beta of 0.62.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC raised its stake in FT Vest U.S. Equity Buffer ETF – September by 1.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 741,908 shares of the company’s stock valued at $40,864,000 after purchasing an additional 8,006 shares during the period. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 11.4% in the first quarter. Assetmark Inc. now owns 279,992 shares of the company’s stock worth $14,092,000 after buying an additional 28,716 shares during the period. LPL Financial LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 5.4% in the fourth quarter. LPL Financial LLC now owns 243,763 shares of the company’s stock worth $12,568,000 after buying an additional 12,511 shares during the period. Raymond James Financial Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 5.8% during the third quarter. Raymond James Financial Inc. now owns 216,488 shares of the company’s stock valued at $10,941,000 after buying an additional 11,893 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 12.8% during the first quarter. Kestra Advisory Services LLC now owns 162,442 shares of the company’s stock valued at $8,176,000 after buying an additional 18,469 shares in the last quarter.

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

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.