FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Reaches New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s share price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $60.98 and last traded at $60.87, with a volume of 19,705 shares traded. The stock had previously closed at $60.18.

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

The firm has a market capitalization of $1.03 billion, a P/E ratio of 24.11 and a beta of 0.65. The business has a 50-day moving average of $60.24 and a 200 day moving average of $57.72.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FNOV. Assetmark Inc. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 11.6% in the first quarter. Assetmark Inc. now owns 263,143 shares of the company’s stock worth $14,051,000 after buying an additional 27,388 shares during the period. Commonwealth Equity Services LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the third quarter worth $7,623,000. Kestra Advisory Services LLC boosted its position in shares of 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 valued at $4,599,000 after buying an additional 21,126 shares during the last quarter. McKinley Carter Wealth Services Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter worth about $3,491,000. Finally, Janney Montgomery Scott LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – November by 1.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 42,753 shares of the company’s stock worth $2,283,000 after buying an additional 405 shares in the last quarter.

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

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.