FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) shares crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $60.27 and traded as high as $60.90. FT Vest U.S. Equity Buffer ETF – November shares last traded at $60.74, with a volume of 14,096 shares traded.

FT Vest U.S. Equity Buffer ETF – November Stock Down 0.2%

The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of 24.11 and a beta of 0.69. The stock’s fifty day moving average is $60.30 and its two-hundred day moving average is $57.85.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter valued at about $7,623,000. McKinley Carter Wealth Services Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter valued at about $3,491,000. Founders Financial Securities LLC bought a new position in FT Vest U.S. Equity Buffer ETF – November during the third quarter worth about $2,146,000. Assetmark Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – November by 11.6% during the first quarter. Assetmark Inc. now owns 263,143 shares of the company’s stock worth $14,051,000 after purchasing an additional 27,388 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – November by 32.5% during the first quarter. Kestra Advisory Services LLC now owns 86,126 shares of the company’s stock worth $4,599,000 after purchasing an additional 21,126 shares during the period.

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

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.