FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high on Monday . The company traded as high as $53.67 and last traded at $53.61, with a volume of 1170 shares traded. The stock had previously closed at $53.65.

FT Vest U.S. Equity Buffer ETF – October Trading Down 0.1%

The firm’s fifty day moving average price is $52.54 and its 200-day moving average price is $50.80. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

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

A number of institutional investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at $56,000. JPMorgan Chase & Co. acquired a new stake in FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter valued at $98,000. Fifth Third Bancorp bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $116,000. Sunbelt Securities Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – October by 20.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock worth $142,000 after buying an additional 500 shares in the last quarter. Finally, LVZ Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $203,000.

About FT Vest U.S. Equity Buffer ETF – October

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.