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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) shares reached a new 52-week high during trading on Monday . The company traded as high as $55.24 and last traded at $55.08, with a volume of 288 shares traded. The stock had previously closed at $55.05.

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

The firm’s 50-day simple moving average is $54.17 and its 200 day simple moving average is $52.44. The company has a market cap of $952.07 million, a P/E ratio of 24.69 and a beta of 0.62.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – September

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FSEP. Cozad Asset Management Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the third quarter worth $790,000. Assetmark Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – September by 15.7% in the 4th quarter. Assetmark Inc. now owns 251,276 shares of the company’s stock valued at $12,956,000 after buying an additional 34,124 shares in the last quarter. Clear Creek Financial Management LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – September by 231.9% in the 4th quarter. Clear Creek Financial Management LLC now owns 20,179 shares of the company’s stock valued at $1,040,000 after buying an additional 14,100 shares in the last quarter. ACT Advisors LLC. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the 4th quarter valued at $643,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth $807,000.

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.