Hanlon Investment Management Inc. Grows Position in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)

Hanlon Investment Management Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) by 45.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,234 shares of the company’s stock after acquiring an additional 2,555 shares during the quarter. Hanlon Investment Management Inc. owned approximately 0.07% of FT Vest U.S. Equity Buffer ETF – September worth $376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – September in the 4th quarter valued at about $12,363,000. Envestnet Asset Management Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 25.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 492,568 shares of the company’s stock worth $22,508,000 after buying an additional 99,645 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the fourth quarter valued at approximately $3,876,000. ERn Financial LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter valued at approximately $2,762,000. Finally, Assetmark Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – September by 55.9% during the fourth quarter. Assetmark Inc. now owns 104,831 shares of the company’s stock worth $4,790,000 after acquiring an additional 37,578 shares during the last quarter.

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

FSEP stock opened at $43.23 on Monday. The company has a 50 day moving average price of $45.02 and a two-hundred day moving average price of $45.51. The stock has a market capitalization of $760.83 million, a P/E ratio of 24.41 and a beta of 0.61. FT Vest U.S. Equity Buffer ETF – September has a one year low of $40.34 and a one year high of $47.07.

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