FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Reaches New 1-Year High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $51.59 and last traded at $51.7990, with a volume of 10910 shares traded. The stock had previously closed at $51.40.

FT Vest U.S. Equity Buffer ETF – September Trading Up 0.9%

The stock has a market cap of $904.61 million, a P/E ratio of 24.69 and a beta of 0.62. The company’s 50-day simple moving average is $51.16 and its 200 day simple moving average is $50.01.

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

A number of hedge funds have recently made changes to their positions in the business. Royal Bank of Canada grew its position in FT Vest U.S. Equity Buffer ETF – September by 3.8% during the first quarter. Royal Bank of Canada now owns 23,154 shares of the company’s stock valued at $1,031,000 after buying an additional 840 shares during the period. Park Avenue Securities LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – September in the second quarter valued at about $204,000. Luken Investment Analytics LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – September by 11.7% during the 2nd quarter. Luken Investment Analytics LLC now owns 5,456 shares of the company’s stock valued at $262,000 after acquiring an additional 572 shares during the period. Tcfg Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the 2nd quarter valued at approximately $206,000. Finally, MGO One Seven LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 14.3% during the 2nd quarter. MGO One Seven LLC now owns 15,199 shares of the company’s stock worth $730,000 after purchasing an additional 1,897 shares during the last quarter.

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

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.