FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price hit a new 52-week high during mid-day trading on Friday. The stock traded as high as $54.33 and last traded at $54.36, with a volume of 474 shares traded. The stock had previously closed at $54.08.

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

The company has a market cap of $1.04 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62. The stock has a 50-day moving average price of $53.53 and a 200 day moving average price of $51.85.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – October

A number of large investors have recently bought and sold shares of FOCT. REAP Financial Group LLC lifted its position in FT Vest U.S. Equity Buffer ETF – October by 82.8% in the 4th quarter. REAP Financial Group LLC now owns 146,285 shares of the company’s stock valued at $7,166,000 after acquiring an additional 66,278 shares in the last quarter. HighTower Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – October by 246.0% in the 4th quarter. HighTower Advisors LLC now owns 20,560 shares of the company’s stock worth $1,007,000 after purchasing an additional 14,617 shares during the period. Kestra Advisory Services LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – October by 16.0% during the 1st quarter. Kestra Advisory Services LLC now owns 107,151 shares of the company’s stock worth $5,109,000 after purchasing an additional 14,767 shares in the last quarter. Reflection Asset Management acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at about $1,370,000. Finally, Rockefeller Capital Management L.P. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 46.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 36,816 shares of the company’s stock valued at $1,804,000 after purchasing an additional 11,706 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.