FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sets New 12-Month High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high during trading on Monday . The stock traded as high as $49.4302 and last traded at $49.35, with a volume of 16494 shares. The stock had previously closed at $49.36.

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

The stock has a market cap of $947.32 million, a price-to-earnings ratio of 24.45 and a beta of 0.62. The firm’s 50-day simple moving average is $48.86 and its two-hundred day simple moving average is $47.54.

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

Institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – October in the second quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the second quarter valued at approximately $49,000. JPMorgan Chase & Co. bought a new stake in FT Vest U.S. Equity Buffer ETF – October in the third quarter valued at approximately $98,000. Sunbelt Securities Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 20.0% in the third quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock worth $142,000 after purchasing an additional 500 shares during the period. Finally, Sound Income Strategies LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the fourth quarter worth $195,000.

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.