FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Stock Price Up 13.7% – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) rose 13.7% on Monday . The stock traded as high as $48.35 and last traded at $54.5490. Approximately 14,026 shares changed hands during trading, a decline of 74% from the average daily volume of 53,738 shares. The stock had previously closed at $47.99.

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

The company has a market capitalization of $948.53 million, a price-to-earnings ratio of 24.11 and a beta of 0.65. The stock’s fifty day simple moving average is $53.73 and its two-hundred day simple moving average is $51.98.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the second quarter valued at approximately $45,000. Evolution Wealth Management Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter worth approximately $48,000. Darwin Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the 2nd quarter worth approximately $73,000. Concurrent Investment Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November during the 3rd quarter valued at approximately $203,000. Finally, Aurora Private Wealth Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter worth $211,000.

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

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.