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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $54.36 and last traded at $54.28, with a volume of 7576 shares. The stock had previously closed at $54.26.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.0%

The firm has a market capitalization of $947.19 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The company’s 50 day moving average price is $51.84 and its 200 day moving average price is $51.61.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – September during the 4th quarter valued at about $26,000. Topsail Wealth Management LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 35.6% in the fourth quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock worth $59,000 after purchasing an additional 300 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 247.8% during the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after purchasing an additional 991 shares during the period. Barclays PLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth about $149,000. Finally, IFP Advisors Inc boosted its position in FT Vest U.S. Equity Buffer ETF – September by 8.0% in the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after buying an additional 250 shares during the last quarter.

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

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.