FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $56.37 and last traded at $56.23, with a volume of 14906 shares trading hands. The stock had previously closed at $56.16.

FT Vest U.S. Equity Buffer ETF – September Trading Up 0.2%

The firm’s 50 day simple moving average is $55.13 and its 200 day simple moving average is $53.27. The firm has a market cap of $982.78 million, a PE ratio of 24.69 and a beta of 0.62.

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

Hedge funds have recently made changes to their positions in the company. IFP Advisors Inc grew its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% during the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after buying an additional 250 shares during the last quarter. FWG Investments LLC. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 1.0% during the 4th quarter. FWG Investments LLC. now owns 30,069 shares of the company’s stock worth $1,550,000 after acquiring an additional 290 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 1.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,146 shares of the company’s stock worth $1,366,000 after acquiring an additional 294 shares during the last quarter. Topsail Wealth Management LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 35.6% during the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock valued at $59,000 after acquiring an additional 300 shares during the period. Finally, Bleakley Financial Group LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 1.6% during the 4th quarter. Bleakley Financial Group LLC now owns 24,698 shares of the company’s stock valued at $1,273,000 after acquiring an additional 383 shares during the period.

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.